Introducing Tranquil Finance

Overview

This model was pioneered by the Compound protocol on Ethereum, but high gas fees have made the protocol untenable for most users. Building on Harmony ONE gives the Tranquil protocol fast and cheap transactions, democratizing access to everyone.

Tranquil is similar to protocols, such Compound, AAVE, Venus or Benqi that exist on other blockchains. Harmony currently lacks such a money market protocol, which is a critical component of DeFi ecosystem on every blockchain.

Although our journey has just started, we hope to build the best money market primitive on Harmony ONE, and help grow alongside the Harmony ecosystem.

Roadmap

Our next immediately step is to properly launch the TRANQ token, which is the governance token of the Tranquil protocol.

As you can see by the testnet app, we are quite far along in development, and our current plan is to launch on the mainnet by the end of October, so stay tuned!

Community Support

Thank you for all your support! We are tremendously grateful for already having such a passionate and dedicated community along with us for this amazing journey.

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