PWN Protocol, a known permissionless, fixed interest rate and peer-to-peer loan platform, recently announced its latest collaboration with Celo, a popular blockchain-based ecosystem. The main objective of this collaboration is to offer fixed interest credit services for Ethereum L2 ecosystems. The platform went to social media to share this groundbreaking initiative with the community.
🎉 @pwnddao is now live on Celo!
Via the permissionless, peer-to-peer, lending protocol, users can earn a fixed return on Celo-Native stables 💱
More information and start today on PWN! ↓ https://t.co/3zlyfpgitm
– Celo.eth/ACC 🦇 🌳 🌳 🌳 (@celo) 6 June 2025
PWN protocol announces launch on Celo to offer fixed interest-lending
According to the announcement of the PWN protocol, the platform works together with Celo to use consumers peer-to-peer loans, while enjoying fixed speed yields via the stablecoins. PWN protocol has been given an important position for following an advanced approach to liquidation-free and unocollateralized loans. The platform continuously expands its footprint over the various web3 ecosystems. Current integration with Celo is a different step in the PWN Protocol journey to offer flexible and accessible credit solutions.
The partnership between PWN protocol and Celo facilitates borrowers, lenders and builders in the regions that are not touched by the conventional financial infrastructure. That is why both platforms are dedicated to the delivery of flexible credit and liquidation -free loans. The L2 upgrade of Celo positions the platform between the top Ethereum-compatible roles. It pays a lot of attention to climate-conscious blockchain activities, fast finality and mobile accessibility to increase the user’s convenience.
Apart from that, this collaboration is a remarkable development to fulfill the shared vision of both entities. Together they intend to broaden economic opportunities and at the same time strengthen consumers around the world through decentralized finances. In particular, consumers with the PWN protocol can make changeable loan agreements between colleagues without any mediator. In addition, the borrowers have the option of posting terms and assets for assessment. Likewise, money lender can offer capital at their suitable fixed rates.
Encourage accessibility, sustainability and inclusiveness in the global Defi landscape
According to the PWN protocol, the partnership with Celo offers an advanced model that minimizes counterparts risks and at the same time new ways is advanced for advanced financial services. Moreover, these services are not dependent on volatile collateral restrictions or automated liquidations. Moreover, the launch on CELO not only broadens the accessibility of PWN Protocol, but also promotes the Defi sector on an ecosystem that prioritizes global financial inclusion and sustainability, inclusiveness and user-friendliness.