Buttonwood — Building the DeFi Stack

What is
Buttonwood?

Buttonwood is a set of open protocols designed to enable a new approach to long-term debt. We leverage financial history and blockchain technology to inform what we build, how we build, and why we build.

Non-Custodial

Your Keys, Your Bonds

As a set of decentralized protocols, Buttonwood never has control of users' funds. Users are in full custody of their tokens and loan positions.

Zero-Liquidations

No Liquidation Cascades

Buttonwood removes liquidation risk from the base layer of the financial stack through a double-token debt system.

Permissionless

Permissionless Debt

Buttonwood is building the underlying financial stack to be open. Everything from debt issuance to auction creation will be progressively permissionless.

Peer-to-Peer

Free Markets

Rates for borrowing and lending are set by the market through independent AMMs that connect with Buttonwood protocols. Buttonwood doesn't use an arbitrary utilization curve or pricing algorithm.

Elastic Finance

Rebasing-Friendly

Buttonwood is a natural home for interest-bearing, rebasing, and elastic assets. Our protocols treat these tokens as first-class citizens.

Security

Security Audits

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.