[Review] The First Positive Sum Defi Protocol on Ethereum Is Getting a Major Update | HackerNoon

has experienced strong growth over the summer since their Ethereum mainnet launch in June. So far, they’ve provided users with high-yield stablecoin lending and interest-free borrowing, partnered with some of the biggest names in DeFi, and built a strong community.

Liquidity Providers receive a portion of the yield from borrowers’ farming in exchange for providing liquidity. The name represents just how early Sturdy is in its journey to transform DeFi lending; they’ve spent their preseason finding the best possible product-market fit and ensuring they’re providing a unique and valuable protocol.as well as a revamped UI as part of the Sturdy 1.0 launch. Sturdy will be increasing their accepted collateral assets and adding an ETH market to provide users with even more ways to deploy their digital assets.

While they’ve made strides to reduce gas costs, such as their one-click leverage + deleverage feature, transaction costs can greatly diminish future earnings for smaller portfolios.

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