Overview

Cicero is a decentralised borrowing and lending protocol that enables uncollateralized lending for both on-chain and off-chain borrowers. The protocol is operated by 3 main participants:

Lenders

Cicero liquidity is provided by lenders who deposit their stablecoins into pools.

Borrowers

Entities originating the loans on Cicero are called borrowers.

Governor

Governor controls the protocol operations through Cicero DAO.