Evoq Finance: A Modular Money Market Optimizer
Last updated
Last updated
Evoq Finance is a modular money market optimizer that operates alongside existing pool-based lending protocols, such as Aave, Compound, and Venus, to provide better rates for both suppliers and borrowers through peer-to-peer (p2p) matching.
Inspired by the Morpho optimizer, Evoq is designed to enhance performance tailored to the network environment while maintaining compatibility with existing infrastructure. Users interact with Evoq in the same way they would use the underlying lending protocol. As an optimizer, Evoq maintains the liquidity and risk levels of the underlying protocol while directly matching suppliers with borrowers, improving capital efficiency and APY. Users are guaranteed at least the APY of the underlying protocol, with the potential for improved APY through supply-borrow matching (P2P APY).
In essence, Evoq provides an optimized module that integrates with pool-based lending protocols across various networks, offering an efficient alternative for decentralized money markets.