Altitude

Altitude

The first DeFi protocol to actively managed collateralized loans

Company
Altitude
Category
Web3.0, Fintech
Portfolio
Angel
Date
2021

Altitude provides actively managed cryptocurrency loans with optimised capital efficiency. Crypto-backed loans are often significantly overcollateralized and capital-inefficient due to the inherent volatility of the crypto markets. When someone borrows via Altitude, its first-of-a-kind protocol actively manages both the loan and collateral in real time, based on market conditions, to optimise the loan. For example, when it becomes clear that a loan doesn’t need all of your available collateral, Altitude puts it to good use by letting it generate yield. Using generated yield, Altitude auto-repays your loan over time.

Altitude
Altitude