Ghost

Leverage and Community Ownership

• Ghost Protocol enables users to lend or borrow any asset available on the platform. This flexibility supports both long and short-term financial strategies.
• Community governance plays a crucial role in Ghost Protocol. It allows for the addition of new assets, ensuring the platform evolves according to user needs and market trends.

Advanced Liquidation Engine

• The protocol leverages ORCA, a top-tier liquidation engine that previously supported a DeFi protocol with $20 billion in Total Value Locked (TVL). This engine benefits the entire Kujira community, including smaller participants, not just large-scale investors or ‘whales’.

Benefits and Integration

Integration with Kujira Ecosystem

• Ghost Protocol is seamlessly integrated into the Kujira ecosystem, enhancing the efficiency of FIN markets.
• This integration lays the foundation for increased ORCA volumes, the development of FIN perpetuals and FX trading, and the improvement of FIN margin trading.

User Experience and DeFi Integration

• The platform offers an intuitive user experience, simplifying the process of lending and borrowing digital assets.
• As a crucial component of the decentralized finance (DeFi) ecosystem, Ghost Protocol acts as a foundational building block for liquidity in FIN perpetuals and margin trading.

Liquidity and USK Arbitrage

• The protocol significantly boosts liquidity across various elements of the Kujira ecosystem, including the FIN orderbook and BOW liquidity.
• A notable feature of Ghost Protocol is its role in arbitraging USK (a stablecoin in the Kujira ecosystem) back to its peg, strengthening the overall stability of the ecosystem.