Nami Credit

Nami Credit is the lending protocol of the Nami ecosystem, built around Infinite veNAMI and USDC.

It allows users to use Infinite veNAMI as collateral to access USDC liquidity. The voting rewards generated by the collateral are used to repay the debt over time.

The debt does not accrue interest, and the credit line carries no price-based liquidations.

The liquidity used for borrowing comes from the lending vault, where users can deposit USDC and earn yield from credit line activity.

Nami Credit operates on Base, while Nami's cross-chain infrastructure allows users to access it from any supported chain, handling the required conversions and transfers.

Nami Credit will be launched after sufficient historical data is available to support its credit capacity calculations.