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PARAGON Partners with Quill Finance: Enhancing the DeFi Experience on Scroll

  • Writer: PARAGON
    PARAGON
  • Mar 19
  • 1 min read

Updated: Mar 24

PARAGON Partners with Quill Finance: Exploring Enhanced Liquidity and Stability on Scroll

We are grateful and excited to announce our strategic partnership with Quill Finance to explore potential synergies for enhancing liquidity and stability on the Scroll network.


What is Quill Finance?

Quill Finance is the first native Scroll over-collateralized stablecoin borrowing protocol. Utilizing an exclusive forking license from Liquity V2, Quill introduces innovative mechanisms, including multi-collateral functionality and a customizable interest rate, to the Scroll blockchain. Through over-collateralized borrowing backed by $USDQ, Quill offers a secure and scalable financial system for the Scroll ecosystem.


What this Partnership Means:

Through this partnership, we will explore potential synergies between PARAGON's decentralized protocol and Quill Finance's stablecoin borrowing platform. We are aiming to investigate opportunities to enhance liquidity and stability within the Scroll ecosystem, potentially benefiting both PARAGON and Quill users.


Key Opportunities:

  • Exploration of potential integrations to enhance liquidity for both platforms

  • Investigation into potential collaborations to improve the stability of the Scroll ecosystem through USDQ utilization.


Why It's Important:

In the rapidly evolving DeFi landscape, liquidity and stability are crucial. We are exploring how a potential collaboration with Quill Finance could contribute to a more robust and efficient financial ecosystem for our users.


Looking Ahead:

From this partnership, PARAGON will explore opportunities to offer potentially enhanced liquidity and stability to our users on Scroll, by studying Quill Finance’s protocol and the USDQ stablecoin.


For more details about Quill Finance, visit: https://quill.finance


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