Themis is a decentralized lending and borrowing platform that allows you to collateralize your yield-bearing assets. It allows users to hedge, leverage, or maximize rewards from integrated protocols.
To receive a loan, yield-bearing assets such as Uniswap v3 LP positions, Balancer Pool tokens, and other blue chip assets can be used as collateral.
M0 allows you to create a passive income scenario with extremely liquid assets. Users can participate as depositors or borrowers. Depositors provide liquidity to the market to earn passive income, while borrowers are able to borrow as either overcollateralized (in perpetuity) or undercollateralized (a single block of liquidity).
M1 means cash and demand deposits — to accommodate more liquid assets for collateralization, similar to "demand deposits" in other DeFi. The activity of M1 will make the M0 funds more efficient, increasing the passive income of M0 providers and giving more scenarios for the use of liquidity in other DeFi protocols.
