A New Borrower Pool For Auros Has Been Opened On Atlendis

24/10/2022Blog

A New Borrower Pool For Auros Has Been Opened On Atlendis

Atlendis welcomes Auros as an A institutional borrower.

Atlendis Labs and Auros

Atlendis, a decentralized credit protocol that enables transparent peer to institution lending, today announced a new borrower pool has been opened for Auros, an algorithmic trading and market-making firm that delivers best-in-class liquidity for exchanges and token projects.

Founded by derivatives traders and trading system architects with over 20 years of experience, Auros generates daily notional turnover in billions of dollars. Auros’ technological heritage combines sophisticated pricing models and state-of-the-art execution capabilities, delivering robust and reliable trading performance. Its unique partnership-based approach to external liquidity provision has rapidly established Auros as a go-to market maker for token projects. Auros also has deep expertise in structured product trading, DeFi optimization, and liquidity-led investments.

Auros’ Borrower Use Case

Uncollateralized loans are a critical component of Auros’ credit exposure, in order to assist capital efficiency and scale the deployment of its strategies. With an excellent track record in times of increased volatility, Auros will continue to build its credit history and reputation with Atlendis to scale its credit limit and improve its lending terms. As Auros continues to increase its activity in the decentralized borrowing space, launching a pool at Atlendis is also a way of diversifying its sources of capital, and optimizing risk management.

Auros will be able to use the Atlendis protocol as an institutional borrower with an A credit score. The first revolving line of credit that Auros has opened on Atlendis has a USDC-denominated initial credit limit of 5 million dollars.

“With Auros being one of the largest high frequency trading firms and having an exemplary credit record despite borrowing billions, Atlendis Labs is confident that it will participate in building fertile grounds for the protocol to grow in credibility and volume,” said Alexis Masseron, Co-Founder and CEO of Atlendis Labs.

“Atlendis’ innovative solution offers a great degree of flexibility in a new way, since borrowers can control the amount and rate they want to borrow at. We are thrilled to see players like Atlendis leading innovation in the lending and borrowing space,” said David Rogers, COO at Auros. “Uncollateralized loans are a critical component of our credit exposure, to assist capital efficiency and scale the deployment of our strategies. With an excellent track record in times of increased volatility, we will continue to build our credit history and reputation with Atlendis to scale our credit limit and improve our lending terms.” 

Benefits for Auros on Atlendis

Auros will benefit from capital-efficiency and a recurring line of credit on Atlendis. Due to Atlendis’ features, a fair interest rate can be determined that reflects the creditworthiness of Auros as determined by the market. Atlendis enables borrowers to access immediate liquidity as needed to meet their recurring needs, making it a viable funding solution for institutional borrowers who require flexible financing.

Benefits for Lenders on Atlendis

By selecting their borrowers, rates, and taking control of their yields, Atlendis lenders can diversify their risk exposure and create an investment portfolio adapted to their risk profile. This transparency in decentralized lending is made possible by the Atlendis protocol.

Atlendis aims to address new use cases through decentralized institutional lending and will keep on welcoming innovative and diverse actors onto the protocol. The DeFi ecosystem as a whole relies on capital-efficient financing solutions that the Atlendis protocol intends to provide in a decentralized, non-custodial, transparent and privacy conserving way.

Interested institutional borrower candidates can fill out this form to apply for access to revolving lines of credit on the Atlendis protocol and open their own ERC-20 borrowing pool.

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*Entering into a loan agreement may come with associated risks. For more information, please refer to the Atlendis Terms of Use

About Atlendis

Atlendis is a decentralized credit protocol that enables peer-to-institution lending. Lenders have control over their exposure by choosing their borrower and over their return by choosing their lending rate. Lenders earn high interests paid in kind on actively loaned out capital, while unused capital is placed on a trusted third-party yield protocol like Aave, so that capital is always active. Institutional borrowers have instant and revolving access to their dedicated line of credit, with no intermediaries and with flexible and competitive loan terms. Liquidity pools on the Atlendis protocol are similar to revolving lines of credit, giving borrowers flexibility for recurrent and short term liquidity needs. Atlendis enables trusted borrowing and lending, opening a wide range of use cases for borrowers and lenders.

About Auros

Auros is an algorithmic trading and market-making firm founded by derivatives traders and trading system architects with over 20 years of experience, generating daily notional turnover in billions of dollars. Auros’ technological heritage combines sophisticated pricing models and state-of-the-art execution capabilities, delivering robust and reliable trading performance. Their unique partnership-based approach to external liquidity provision has rapidly established them as a go-to market maker for token projects. Auros also has deep expertise in structured product trading, DeFi optimization, and liquidity-led investments.

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