Torches Review: Is This KCC Lending Protocol for You?
Torches is a non-custodial lending protocol on KuCoin Community Chain for supplying assets or borrowing against collateral. Key terms such as rates, supported assets and liquidation rules are not published.
By the SkyBitcoins review team · Updated
At a glance
Torches key facts
| Type | Decentralized lending protocol |
|---|---|
| Chain | KuCoin Community Chain (KCC) |
| Token | None listed |
| Audits | Two listed; details unspecified |
| Value locked | $24.7K−0.4% 7d |
| Updated |
Torches FAQs
What is Torches?
Torches is a decentralized lending protocol on KuCoin Community Chain (KCC). Depositors supply assets to the market, while borrowers take over-collateralized loans.
What does Torches charge?
Torches does not publish its lending rates, borrowing rates or fee schedule. Check the current terms in the app before supplying funds or borrowing; KCC network transactions may also require gas.
Is Torches safe to use?
Torches describes itself as non-custodial, and two audits are listed. The auditors, audit dates and findings are not specified, so that listing alone does not establish that the current contracts are safe.
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How we checked
Sources
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