The Maze protocol is the first zero interest rate lending protocol based on blockchain technology. With Maze, lenders can profit with minimal risk, while borrowers can obtain funds without having to pay interest payments permanently.
Maze replaced the traditional interest model with a highly dynamic yield consensus algorithm and integrates innovative and transparent middleware to migrate the revenue calculation workload from the main blockchain.
The protocol is returning the control of monetary policy to users in a way similar to Bitcoin’s liberation of rights to issue money from the central bank. Maze is the world’s first decentralized and over-collateralized general currency market, allowing zero interest rate loans. Lenders put their funds into the asset pool, from which borrowers can initiate loans. The core goal of Maze is to establish a currency market liquidity pool for various crypto assets that can be borrowed without interest, and suppliers can earn the effective interest rate provided by the local MAZE token.
Maze’s core protocol consists of smart contracts that automate the management of a pool of unmanaged assets through the issuance and investment of permanent smart bonds (PSBs).In addition, the protocol automatically manages the issuance and settlement of these on-chain bond instruments (strip bonds in traditional financial terms) and provides liquidity for the crypto market.
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