If you deposit $DAI in @CreamdotFinance, other people can deposit collateral in @CreamdotFinance to borrow that $DAI from you.

But if somebody who has collateral deposited in @AlphaFinanceLab wants to borrow that $DAI from you, they can’t.
They have to take their collateral out of @AlphaFinanceLab, deposit it into @CreamdotFinance, borrow your $DAI, and deposit your $DAI back into @AlphaFinanceLab.

This siloed liquidity makes for poor capital efficiency, poor user experience, increased friction, wasted gas, etc.
Enter The Iron Bank.

It is a meta-protocol. It is a liquidity protocol for other liquidity protocols. It seamlessly connects borrowers and lenders, collaterals and debts across multiple liquidity protocols.
You can follow @futzco.
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