What problem does Brunch solve?

Mid cap tokens do not have access to borrowing. Large money markets focus typically on BTC, ETH and a few DeFi bluechips for lending. This is reflected in borrow APR for stables on these platforms which is often competitive with AAA corporate bonds and occasionally even the "risk free rate".

DAI and other large CDPs also focus on ETH and other DeFi bluechip tokens for borrowing vaults.

Adding midcap tokens for large CDPs and Money markets would impact the risk profile and borrow APRs for their current large user bases, which would likely be net negative for their protocols.

We believe this presents a unique opportunity for an overcollateralized CDP that allows borrowing vaults for 100’s and eventually 1000’s of on-chain assets, a CDP that scales with the dynamic needs of the on-chain economy.

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