Tranquil Finance is a multiprimitive DeFi super app for the Harmony blockchain. It is the first DeFi protocol developed as part of the Defira metaverse, adding a GameFi layer to Tranquil's DeFi features. The protocol supports three major DeFi primitives: DEX, lending, and liquid staking.
Tranquil Swap is our newest Uniswap-based constant product DEX primitive, allowing users to trade tokens permissionlessly. This feature is available through the Defira frontend and game, and we are in the process of migrating Tranquil Finance's other primitives into the Defira frontend.
Tranquil Lending is a money market allows users to supply and borrow assets, while receiving or paying interest in a completely permissionless and decentralized way. Borrowing and lending interest is set based on market demand, and loans are over-collateralized to ensure solvency. The smart contracts are forked from Compound, and the core Comptroller and market contracts have been audited by CertiK.
Our liquid staking token, stONE, which allows the user to stake ONE for rewards while also being able to use it in Harmony's DeFi ecosystem, such as using it as collateral on Tranquil Lending. We envision stONE becoming the currency of choice in Harmony, as ONE naturally loses value due to inflation if it is not staked.