Sturdy is the first DeFi lending protocol with interest-free borrowing and high yield lending.

Sturdy is a first of its kind of DeFi lending protocol offering interest-free borrowing and high yield lending. Users can interact with the protocol in two ways: as ‘borrowers’ who take out loans and provide collateral or as ‘lenders’ who earn yield on their assets.

Borrowers pay no interest, withdrawal fees, or deposit fees. Instead, their collateral is staked, and the yield from their staked collateral is used to provide interest to lenders. Lenders benefit from interest rates that are higher and more consistent than a money market where borrowers pay a variable APY.