what's Bonzo Finance?

Bonzo Finance is an open-source, non-custodial lending and borrowing protocol deployed on the Hedera network. Forked from the battle-tested Aave protocol, it allows users to deposit assets to earn yield, borrow against overcollateralized positions, and execute flash loans without intermediaries. As Hedera's liquidity layer, Bonzo Finance supports both retail and institutional participation in DeFi primitives. Leveraging Hedera's high-throughput consensus and low, fixed fees, it facilitates efficient credit markets essential for ecosystem growth, including staking and advanced liquidity provision.

Bonzo Finance is listed on Kraken exchange.