Whats IPOR? *IPOR refers to a set of protocols, smart contracts, and software that forms a set of Decentralized Applications (DApps) for Decentralized Finance (DeFi) focused on interest rate derivatives. First, the IPOR rates are meant to be a public good. *
**Why is it matter? **Speculators are able to long/short interest rates. With IPOR Interest Rate Derivatives this will be possible with leverage. Through the use of interest rate derivatives the trader is able to capture a risk free arbitrage between two stablecoins.
*IPOR is a composite of the interest rates from multiple credit market. if u want to hedge your loans & cover basis risk you would need to distribute your loans between multiple markets to closely follow the IPOR Or alternatively use products that use IPOR as an interest rate. *
IPOR Manifesto If interested and wish to undertand better the purpose and ethos of the IPOR protocol, Read Below https://ipor.io/manifesto