Sense ProtocolThe Sense Protocol is a decentralized fixed-income protocol on Ethereum.
ChoiceUsers have greater flexibility to earn/borrow at a fixed rate and trade against future yields.
ScalableSense has a permissive design, allowing anyone to create new future yield markets.
SecureNo new debt creation. No liquidations. No risk of protocol insolvency.
How Sense WorksSense works by breaking down a variable yield-bearing asset (a "Target") into two fixed term assets: a Principal Token (PT) and a Yield Token (YT). PTs & YTs trade on Sense Space, a high-yielding custom AMM.
Trade YieldsTake capital efficient long/short bets on future yields. Buy YTs to go long, and PTs to go short.
Earn a Fixed RateProtect yourself from interest rate volatility. Buy and hold PTs to earn a fixed APY. Exit anytime.
Add Liquidity to a Space PoolEarn a variable APY by providing liquidity to Sense Space AMM.
Meet the teamAnd join them
📝 Building for a permissionless futureSense pivots to permissionless infrastructure for new fixed income applications.
📝 Introducing Sense SpaceIntroducing Sense Space, a capitally efficient fixed-rate AMM.
📝 Sense Finance x Rari CapitalAnnouncement of the Sense <> Rari partnership to build a Sense Fuse pool to permit permissive Zero borrowing/lending.
📝 Yield in the DeFi EconomyAn overview of yield-bearing assets and their yield sources in the DeFi Economy.
📝 Designing Yield TokensA deep dive into different Yield Token models discussing their mechanisms and behavior.
📓 YT Sensitivity AnalysisAn analysis using time and interest rate sensitvity as tools for comparing different YT designs.
📓 Rudimentary YT PricingA deep dive into different Yield Token models discussing their mechanisms and behavior.
📓 Accumulated Yield InteractiveAn interactive tool demonstrating how yield accrues on principal, provided an asset's interest rate over time.