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Fuji DAO - First De Fi Borrowing Aggregator - YouTube

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Fuji DAO - First De-Fi Borrowing Aggregator Description: Fuji DAO aims to optimize loan expenses for DeFi users. The protocol achieves this by constantly monitoring borrow markets and whenever there is a better rate, it automatically refinances the whole pool of debt. The advantages of Fuji compared to interacting directly with a base protocol are: cost optimization - minimize the interest paid by borrowers, economics of scale - pooling funds together reduce the transactional costs by sharing fixed costs, time-saving - removal of constant attention users need to pay to find optimal rates, smooth UX - manage easily all debt positions from one place | Fuji DAO creates vaults where users deposit a single asset as collateral and borrow against it another asset. For example, in the ETH/DAI vault, users deposit ETH and borrow DAI. Thus, isolating debt positions allows for better risk management and the most effective interest rate optimizations. When users borrow from a Fuji vault, the needed liquidity gets

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