Meet Moar Market
Today, we’re excited to introduce Moar Market: a Credit Layer Built with the Move programming language. It introduces the concept of Composable Leverage — giving you credit (up-to 15x) to use across DeFi Protocols.
The vision of Moar Market is simple: deliver Secure, Capital Efficient, and Composable Credit to the Move Ecosystem. Launching in Q4 2024 on Aptos — the next-generation, Layer-1 blockchain — the Credit Layer will supercharge existing yields and unlock previously impossible yield strategies. Moar Market will also launch a Margin Trading DEX, utilizing its underlying Credit Protocol, to provide up-to 15x leverage on trading assets.
What can you do using Moar Market?
- Leverage Farm: Amplify yield opportunities by up to 15x
- Trade: Execute trades with up to 15x leverage through ThalaSwap, LiquidSwap etc
- Lend: Earn Passive yield that’s higher than a Crypto Money Market.
Composable, yet Trustless
Access leverage through Moar Market in a composable setting (using borrowed funds across the Aptos DeFi ecosystem), while maintaining trustless loans; funds are held in a ‘Credit Account’ at all times which interact with certain whitelisted protocols. Positions remain in the custody of your credit account/s and can be liquidated at any time — if the collateral no longer meets margin requirements.
Leverage Everything
As a protocol, Moar Market can be plugged into providing leveraged exposure to nearly all primitives — including LSDs, Restaking, AMM LP Pools, RWAs, long-tail assets, and more. We will be working on integrating with protocols building in the Aptos ecosystem — you can expect these to be revealed in the near future.
Modularity on Move
Leading protocol designers across the lending landscape have converged on the Modular Thesis for Lending. Moar Market brings the flexibility of Modularity to Lending on Aptos.
Amongst other advantages, Modularity unlocks the possibility of lending pools for a wide variety of assets and strategies, for which pools can be created permissionlessly.
Through its Modular Protocol Design, Moar Market is aptly positioned to capture the growth of Aptos, whether through RWAs or DeFi-native primitives. Modularity, in Coalition with Move on Aptos, makes for a compelling value proposition.
Move is Built for Safety,
Moar is Built for Lenders.
Grant from Thala Foundry
Moar Market is the second project to be incubated by Thala Labs & Aptos Foundation’s DeFi Fund. Through the Fund, Moar Market has received a grant that will be used for product development and audit of the Credit Protocol.
Alliance with Thala Labs
There would be no Moar Market without Thala Labs. While executing with conviction in the Move Ecosystem over the last 2 years, Thala Labs has created an array of products that are ripe for integration with Moar Market.
Thala Labs is home to a diverse suite of products — including a launchpad, one of the largest Liquid Staking Derivatives on Aptos, a leading swap aggregator, and the flagship CDP-stablecoin for the Move Ecosystem, MOD.
To commemorate our relationship with Thala Labs, Moar Market will utilize the Thala Launchpad, integrate our Margin Trading DEX with ThalaSwap and deploy lucrative yield strategies that utilize Thala’s sthAPT LSD as well as the MOD stablecoin.
We intend to foster this relationship with Thala Labs, at a protocol level, and at a community-level.