Silo FinanceSILO
Overview
What is Silo Finance?
Silo Finance is a non-custodial lending protocol built on Sonic and other EVM-based blockchains. Silo Finance was founded by Aiham Jaabari and launched in 2021.
How does Silo Finance work?
Lenders deposit funds into Silo Finance and receive interest payments from borrowers (supply-side fees).
Who governs Silo Finance?
SILO tokenholders own and govern the protocol. They currently take a cut of the total interest paid by borrowers (revenue).
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.