DeFi Elevate aims to improve DeFi lending by moving beyond over-collateralized models. Drawing inspiration from Teller Finance and Maple, we will explore under-collateralized and credit-based lending—secured via trustless smart contracts. Under-collateralized is the future of how we borrow in Decentralized Finance. This is a real problem we are trying to solve. It's hard to borrow in Today's Financial world as there is so much process involved and requires an extensive process of approval before you are considered to borrow. Now we have Lending protocols that eliminates this process, however you have to over supply to borrow less.

There are other protocols that do under-collateralized lending, but they are not as mainstream compared to platforms such as aave, compound, etc.

Key Features (Planned):

• Borrow against LP positions without selling yield-generating assets (possibly collateralized positions could have yields automatically deducted to repay loans).

• Dynamic Credit Tiers: Borrower creditworthiness grows with repayment history, DET staking, and DAO participation.

• Option to earn interest through lending

• DAO-Backed Liquidation Auctions: Defaults resolved via DAO-governed auctions rather than instant liquidations, preserving value.

• Insurance / Risk Pools: Lenders can choose safe or risk-adjusted pools, with DET used to back insurance.

• DAO governance to direct lending protocol parameters
  
  Currently this is still in Research & Development and our pillar 3 category all depends on funding, adoption & community growth.