🏴‍☠️Voyage Buy

Voyage introduces several novel technical and financial concepts in the DeFi industry, designed to manage unique risks and incentivize interested ecosystem participants. Borrowing via Voyage diverges from most lending protocols in the following key aspects:

1 | Vaults

All funds supplied by the liquidity pools are held in a smart contract wallet known as a Vault. These funds can only be used for predetermined on-chain, such as purchase of non-fungible assets from allowlisted marketplaces.

2 | Over-Collateralise

Secondly, assets purchased on credit make up the bulk of the collateral, instead of borrower deposits. This allows the protocol to be over collateralised without a high upfront cost to the borrower, who is only required to front an amount in the Vault's margin account according to their borrowing needs.

3 | Term Loans with Fixed Repayments

All Voyage loans are term loans with fixed repayment periods and instalments computed and made known to borrowers upfront, making repayments and financial planning predictable.