Banks

At Untitled Bank, anyone can create a Bank in the form of an ERC-4626 vault. Each Bank functions as an independent lending vault, holding a single loan asset and serving specific lending markets within the platform.

Banks are created and managed by Bank Operators—which can include individuals, financial institutions, DAOs, or project treasuries. Untitled Bank’s permissionless design allows anyone to become a Bank Operator, fostering diverse participation.

The Layered Bank Structure ensures that all users, regardless of their DeFi expertise, can participate seamlessly. Untitled Bank combines the advantages of monolithic lending platforms like AAVE and Compound with modular systems like Morpho and Euler, introducing a new era of customizable lending.

Users can:

• Earn passive income by depositing their assets to the Bank

• Select Core Bank to delegate risk management to the DAO for a simplified experience.

• Select Custom Banks based on personalized risk appetites and strategies.

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Glossary

• Bank: A vault containing an ERC-20 (or ICrosschainERC20) asset, representing a lending market on the platform.

• Bank Operator: The creator and owner of the Bank (vault) with full control over its management.