Paddle FinancePrice

(PADD)

Paddle Finance is a specialized DeFi protocol that focuses on providing liquidity for 'bespoke assets' which are often overlooked by traditional decentralized platforms. These assets include non-standard holdings such as NFTs, Liquidity Provider (LP) tokens, and Real-World Assets (RWAs). Unlike standard protocols, Paddle offers a dedicated infrastructure to value and leverage these illiquid assets, allowing users to unlock utility from a wider range of digital holdings.

Paddle Finance operates using both peer-to-peer (P2P) and peer-to-pool lending models. This system allows users to use unique assets, such as specific NFTs or memecoin LP tokens, as collateral for loans. The protocol manages the valuation of these assets and handles liquidations through secure smart contracts. This flexibility enables participants to access liquidity without needing to sell their niche assets in volatile markets.

Paddle Finance has partnered with Matchain and the Paris Saint-Germain (PSG) football club to develop a 'fan asset economy.' This collaboration integrates sports-related digital assets into the DeFi ecosystem, allowing fans and holders to use their assets within Paddle’s financial infrastructure. It represents a bridge between major sports brands and Web3, providing specialized utility for fan-focused tokens and collectibles.

Users can earn rewards by participating in either 'Flexible' or 'Locked' staking programs. Earning rates are dynamic and influenced by a lock-duration multiplier, where longer commitment periods result in higher reward weights. To support the long-term health of the ecosystem, Paddle Finance implements a 'Buyback and Burn' schedule funded by a portion of the protocol's monthly revenue, which typically commences a few months after the Token Generation Event.

Paddle Finance is a multi-chain protocol with significant activity across several major networks, including Ethereum, Base, and Berachain. It has also recently expanded into the TON ecosystem. This multi-chain approach allows users to move tokens across different environments to participate in lending, OTC trading, and various reward programs, ensuring broad accessibility across the decentralized landscape.

Security is a core focus for the protocol, and Paddle Finance undergoes audits to ensure the integrity of its smart contracts, especially for its P2P lending and bridge functions. Users are encouraged to review official audit reports, such as the V1 audits, for transparency. To maintain safety, community members are advised to verify the official contract address through LBank or official project channels to avoid fraudulent tokens or phishing attempts.