DeFiFuseRari CapitalTechnology

Rari Capital Launches Fuse, Letting Users Create “Their Own Compound”

Rari Capital has launched an open interest protocol that supports any asset. 
Rari Capital Rolls Out Personalized Lending Pools
Fuse allows users to create a pool, selecting their own assets, interest rate curves, and oracles. Any user can then enter and exit the pools trustlessly without consulting a DAO. 
Isolated lending pools are a first for DeFi. Moreover, the ability to lend and borrow any asset is a radical step forward, unlike any other platform in the traditional world. In a Twitter post, Rari Capital CEO Jay Bhavanani said that the implications of such a product are “equally scary and amazing.”
He described Fuse as a tool that “enables anyone to spin up their own Compound.” DeFi protocols like Compound and Aave allow anyone with an Ethereum address to trustlessly enter and exit pools for borrowing and lending, but they currently don’t enable users to create their own. 
In a blog post announcing Fuse, Bhavnani said: 
“The implications of a product like this are massive and unexplored. I see the product eating up all value in the world.” 
Rari Capital is working with Chainlink, DeFi’s most popular decentralized oracle. 
The Rari DAO has already launched several pools, including one in which ETH, SOCKS, and DAI can be borrowed or provided as collateral. SOCKS is a cult DeFi token created by the Uniswap team. It was sold on a bonding curve and is redeemable for a physical pair of socks. It currently trades at $87,922. 
The ability to provide any …
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