PWN Deploys P2P Lending Protocol on Mantle Network
09/08/232 min read
by Mantle
Ecosystem
Web3
![PWN Deploys P2P Lending Protocol on Mantle Network](/_next/image?url=https%3A%2F%2Fcms.mantle.xyz%2Fassets%2F6cca6ac3-521e-4619-9c64-6e86b0dd76ee.jpg&w=3840&q=100)
PWN, an oracle-free peer-to-peer (P2P) lending protocol that allows its users to unlock maximum asset utilization, will be joining our ever-growing ecosystem of decentralized applications (dApps) on Mantle Network.
A trustless, transparent and immutable lending protocol, PWN is able to operate without need for oracles or protocol-managed liquidation. It is currently facilitating loans at 0% protocol fees. Users are able to maximize liquidity using any preferred token as collateral, and can tap into PWN’s ecosystem-unique feature PWN Safe to obtain loans with their blue chip tokens at zero fees and risk of liquidation.
Mantle Network has been designed to deliver hyperscale performance at low costs and security derived from Ethereum, all to provide infrastructural support for the growth of advanced and complex products.
Moreover, both Mantle and PWN see the importance of building strong ecosystems with established collaborators and supporters to ensure the sustainability of its products. This collaboration will allow for greater synergies between Mantle Network and PWN as we work towards making innovative web3 dApps accessible to the wider on-chain community.
With PWN now on Mantle Network, the community can easily access the PWN Safe feature and explore a new lending and borrowing protocol that adapts to user needs.
“Mantle Network seems to be interested in onboarding and supporting pioneering use cases alongside the established brands, which is fantastic, because that's exactly where PWN shines. We can support any type of collateral out of the box, greatly reducing the time-to-traction for novel protocols, speeding up the innovation cycle in web3,” said Steve Fau, co-founder and head of product at PWN.
“Mantle and PWN share the same vision in bringing unique and novel use cases to the web3 community, and in building sustainable user-driven ecosystems and products that have the potential to morph and upgrade flexibly to bring users the greatest utility,” shared Arjun Kalsy, head of ecosystem at Mantle.
Learn how you can #BuildonMantle with in-depth guides and tutorials on our docs and blog, and if you’re interested in deploying your project on Mantle, reach out via our ecosystem intake form. Don’t forget to check out our Ecosystem hub, where dApps built on Mantle are featured!