Takara is a fast, mobile-friendly decentralized lending and borrowing protocol built on the Sei blockchain, offering simple, non-custodial access to DeFi for users worldwide. With a focus on accessibility, speed, and security, Takara empowers users to unlock the value of their assets through an intuitive and transparent onchain experience.
Takara is a decentralized money market protocol built natively on the Sei blockchain, designed to simplify lending and borrowing through a user-friendly, non-custodial interface. It takes advantage of Sei’s high throughput and parallel transaction execution to offer fast, low-fee interactions. Takara is optimized for mobile users and aims to bridge on-chain finance with real-world applications.
Takara earns revenue through its Reserve Factor, which takes a percentage of interest paid by borrowers and allocates it to the protocol's reserves. These reserves support the system’s long-term stability and buffer against volatility. For example, if a borrower pays 10% interest and the Reserve Factor is 20%, then 2% of that goes to Takara’s reserve pool.
As a lender, you supply assets to the protocol and earn a portion of the interest paid by borrowers, minus the reserve cut. Your yield depends on borrow demand and is distributed proportionally across all suppliers. You retain full custody of your assets and can withdraw at any time, subject to liquidity availability and market conditions.