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What is Shoebill Finance?

Shoebill Finance is a non-custodial lending protocol built on Manta Pacific. Shoebill Finance was founded by the pseudonymous Paguinfo and launched in 2023.

How does Shoebill Finance work?

Lenders deposit funds into Shoebill Finance and receive interest payments from borrowers (supply-side fees).

Who governs Shoebill Finance?

Shoebill Finance’s team own and govern the protocol. They currently take a cut of the total interest paid by borrowers (revenue).
RevenueShoebill's share of the interest$50Connects Borrowers & LendersSupply-side feesLender's share of the interest$50LendersFeesInterest paid by borrowers$100Borrowers
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.