Flex Loans (COMING SOON)

Flex Loans will be a whitelisted product offering for protocols to grow their protocol-owned liquidity through an interest free loan against perfect collateral. By depositing sBOHM as a collateral asset, the borrower is able to borrow up to 100% LTV in BOHM and pair this with another token to create a liquidity pair. Since the loan is in the same denomination, there is no risk of liquidation and the loan will lower in LTV% as the sBOHM collateral continues to receive the underlying rebases.

Once whitelisted by BOHM.MONEY, the borrower deposits sBOHM into the Flex Loan contract along with the other half of the intended LP token. The contract then borrows against the deposited sBOHM and pairs the resulting BOHM with the provided token to create an LP pair at the designated DEX of their choosing. LP strategies for Balancer, Uniswap, Sushiswap and Curve will be available on launch of the Flex Loan addition to BOHM.MONEY.

Repayment of the loan is possible at any moment and can either be done by paying back the BOHM debt directly (from the LP position itself, or externally supplied) or by using part of the supplied sBOHM collateral.