As a set of decentralized protocols, Buttonwood never has control of users' funds. Users are in full custody of their tokens and bond positions.
Buttonwood removes liquidation risk from the base layer of the financial stack through a double-token debt system.
Buttonwood is building the underlying financial stack to be open. Everything from debt issuance to auction creation will be progressively permissionless.
Rates for borrowing and lending are set by the market through AMMs. Buttonwood doesn't use an arbitrary utilization curve or pricing algorithm.
Buttonwood is a natural home for interest-bearing, rebasing, and elastic assets. Our protocols treat these tokens as first-class citizens.
Our protocols have gone under audits by leading security firms and experts. We also have an open bug bounty to ensure that security is our leading priority.