# Basic

Technical and guidance information about the Basic lending and borrowing protocol - a modified Compound fork.

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Basic provides audited smart contract DeFi opportunities for users to earn deposit interest (lenders) and to release liquidity for those wishing to maintain deposited asset positions (borrowers).

As a self-custodial protocol it is the users' responsibility to manage their strategies and risk.

Find us here:

X: <https://x.com/imBasicLoans>​​

Telegram: [https://t.me/basicloans​](https://t.me/basicloans)<br>
