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Aurigami is a multi-purpose DeFi project that operates as a decentralized liquidity protocol, specifically built on the Aurora network. One of its distinctive features is its bridging capability between Ethereum and the NEAR blockchain. By providing Ethereum Virtual Machine (EVM)-compatible money markets, Aurigami allows users to interact with DeFi assets more seamlessly.
The protocol supports a variety of digital assets, offering users an opportunity to lend their tokens while earning competitive annual percentage yields (APYs). Notably, borrowing is facilitated via over-collateralized assets, which promotes security and minimizes risk in lending practices. By supporting multiple assets within the Aurora ecosystem, Aurigami has positioned itself as an essential protocol, catering to the burgeoning needs of decentralized finance enthusiasts.