Sturdy

Sturdy aims to provide a decentralized lending protocol that enables borrowers to farm with up to 10x leverage on projects like Convex, while offering lenders a portion of the yield from borrowers' farming activities.

Users can participate by lending assets to earn yield or by borrowing to leverage their yield farming positions. Additionally, holding $STRDY tokens allows participation in the governance of the Sturdy protocol.

Sturdy's unique system provides lenders with the benefits of yield farming without the associated time, risk, or gas costs, while allowing borrowers to gain outsized positions for yield farming, creating a positive-sum dynamic between the two groups.

Sturdy has implemented security measures, including audits and partnerships, to ensure the platform's safety. However, users should always conduct their own research and exercise caution when participating in DeFi platforms.

Potential risks include smart contract vulnerabilities, market volatility, and liquidity risks. Sturdy employs a two-tiered architecture to isolate risks between assets while preventing liquidity fragmentation, but users should be aware of and manage these risks appropriately.