From 021263ff7721852573330224f18d4b7ed00c02ad Mon Sep 17 00:00:00 2001 From: Rolf Hoefer Date: Mon, 13 Sep 2021 07:26:32 +0000 Subject: [PATCH] GitBook: [main] one page modified --- README.md | 8 ++++---- 1 file changed, 4 insertions(+), 4 deletions(-) diff --git a/README.md b/README.md index 12a7bd3..866d5d7 100644 --- a/README.md +++ b/README.md @@ -1,18 +1,18 @@ # What is ALEX? -## ALEX is an open-source DeFi protocol built on [Stacks Blockchain](https://www.stacks.co) and modelled on the world’s financial markets. +## ALEX is an open-source DeFi protocol built on the [Stacks Blockchain](https://www.stacks.co), modelled on yet extending the world’s existing financial markets. -To start, at ALEX you can +Upon launch, at ALEX you can: * Lend your BTC and earn fixed or variable interest * Borrow BTC without risk of liquidation * Mitigate risk with BTC short positions * Maximize upside with BTC leveraged long positions -Our initial focus \(v1\) is +Our initial focus \(v1\) is to: * Build DeFi primitives targeting developers looking to build ecosystem on Stacks, and * Simplify the user experience going from\(to\) CeFi to\(from\) DeFi to attract non-developers, broadening the Stacks user base. -alex-v1 implements a number of Clarity smart contracts on the core concept of Yield Tokens \("ayTokens"\). Yield Tokens allow term lending with fixed APY. +Alex-v1 implements novel Clarity smart contracts on the core concept of Yield Tokens \("ayTokens"\). Yield Tokens allow term lending with fixed APYs.