Ithil

Ithil provides a financial interoperability layer that connects the entire web3 space, facilitating new value creation through crowdlending. The company offers a range of financial services in various areas of web3, allowing lenders to earn fees by making their tokens available for use. Ithil features a liquidation system to safeguard positions and close those losing too much, and offers single-sided APY on a wide range of tokens. Users can grow their portfolios with one-click investment strategies and purchase on-chain assets with the option to repay debt over time. Ithil also offers NFT rentals for accessing guarded communities or Play2Earn games. The platform provides services similar to Aave for optimizing capital allocation on DeFi money markets and like GMX to earn part of the protocol trading fees and get exposure to ETH. Future plans include providing liquidity to any pool with single or multi-token leverage through Balancer + Aura, offering leveraged LPing on any Curve pool, and farming rewards on Convex. Additionally, Ithil plans to offer NFT mortgages for buying metaverse LAND or BAYC over monthly installments. Depositors can earn APY by depositing whitelisted tokens, secured by an on-chain liquidation system and an insurance reserve.