SmarDex Ecosystem
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P2P Lending
P2P Lending
  • P2P Protocol
    • Overview
  • Using the Protocol
    • Borrow
    • Lend
  • Advanced Concepts
  • Github
  • Audit
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  • Technical Features
  • Governance

Advanced Concepts

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Last updated 14 days ago

Technical Features

  • Permit2 Integration: Token approvals are handled via signature using . This simplifies the user experience by eliminating separate approval transactions, while also reducing gas costs and improving security.

  • ERC721 Loan NFTs: Each loan is represented as a unique NFT containing all relevant loan data. These NFTs can include metadata for display in wallets and platforms, making them easier to track and manage.

Governance

  • ADMIN-Controlled Parameters: The protocol is governed by a single ADMIN address, limited to adjusting only the SDEX fee and the minimum lending amount. This ensures controlled evolution while maintaining simplicity and security.

  • Immutable Smart Contracts: The core contracts are not upgradable, ensuring long-term security and trustlessness. Once deployed, the logic cannot be changed.

  • No Emergency Pause: There are no pause switches or backdoors — the protocol operates in a fully decentralized and unstoppable manner.

Uniswap's Permit2