Silo Finance review

Silo Finance, launched in 2021, brings a fresh approach to decentralized lending with its risk-isolated lending pools, or “silos.” Each silo works independently, so risks tied to one asset stay contained, offering an extra layer of security over traditional shared-pool models. This design means that almost any crypto asset can be added to Silo’s lending markets without compromising the whole system. Silo optimizes liquidity by using ETH and XAI as bridge assets, connecting different silos while maintaining efficiency. Backed by well-known investors like Electric Capital, Lattice Capital, and Moonlanding Ventures, Silo also empowers its community through a decentralized DAO model where users participate in key decisions for the protocol.