Some reasons for Malda:
True trustless crosschain lending without bridges.
Lend everywhere, borrow anywhere.
Crosschain freedom.
Better rates.
What else?
When fear spikes, markets get chaotic fast.
Sharp moves in either direction can trigger heavy liquidations.
Lately, even the most established lending protocols have started to show cracks under pressure.
That’s why we do things differently at Malda to ensure protocol health:
Liquidations play a major part in safeguarding protocol health. That’s why we designed the first global liquidation system, where liquidations can happen from any chain:
✅By being able to liquidate from faster chains, competition grows and therefore bad debt is less likely to occur.
✅Liquidators can select the chain with deepest liquidity, therefore unhealthy collateral can be liquidated with most optimal slippage.
✅No need to set up liquidation contracts on all chains, just one. This lower barriers to entry. More liquidators = less chance for bad debt = healthier, safer protocol.
Imagine this:
You get your salary in stables.
Deposit to Malda to earn stable yields from any chain.
Borrow or withdraw to another chain seamlessly.
Makes the yield game easy, no?