Permissionless Lending Pool

Using Save.Finance’s permissionless pools technology, people who want to lend SOL at reasonable rates to finance FartStrategy’s growing stash of Fartcoin can do so. This is a simple two-way lend/borrow pool that allows Fartcoin to be used as collateral to borrow SOL. Immutable rules govern the pool, so there is no risk of lenders’ funds being lost.

The Fartcoin lending pool works like any two-way lending pool. Save.Finance’s permissionless pools allow for the setting of variable interest rates and collateral ratios. See their docs here:

https://docs.save.finance/

With the FartStrategy pool, SOL depositors earn yield and may borrow FartStrategy’s Fartcoin. FartStrategy may earn yield on its collateral Fartcoin and borrow SOL in order to finance more purchases of Fartcoin. It may also use this pool to borrow SOL during the process of convertible bond repayment. The existence of this pool helps buffer liquidity so that bondholders who wish to redeem may do so without necessitating the sale of FartStrategy's Fartcoin.

Lending SOL in the FartStrategy pool is the lowest-risk way to participate in the FartStrategy ecosystem, where the lending pool itself ensures that lenders will be made whole, even if a liquidation event occurs.