> For the complete documentation index, see [llms.txt](https://deerfi-global.gitbook.io/deerfi/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://deerfi-global.gitbook.io/deerfi/master.md).

# What is DeerFi?

Official Website: https\://DeerFi.io/

![](https://1884772022-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-MYV7hFAcicCuSKq-UUT%2F-MYV8_GSk_F5N9nvJhTv%2F-MYV8eloBCv22wAPe8fw%2F2721618492103_.pic_hd.jpg?alt=media\&token=13a110ee-f61c-4e53-b95d-1645b13f1137)

**1.What is DeerFi?** 

DeerFi is a decentralized over-borrowing protocol and is the first project by DeerFi Lab. 

Farmers can participate in liquidity mining through excess loan with the option of leverage to obtain greater profits, and it is the cutest yield farming project on BSC! 

When farmer wants to participate in Defi liquidity mining, but suffers from a lack of funds, Deerfi could offer up to 6X leverage to help farmers gain more profit per unit of time. At the same time, it also provides users who prefer stable profit with a lending pool to earn interest. 

**2.What problems does DeerFi solve?** 

DeerFi has proposed a solution to this problem. 

**3.How to capture and address these pain points?** 

DeerFi is able to provide up to 6X leverage to help users gain more revenue per unit of time. 

The innovation of the over-borrowing protocol by DeerFi is built on the over-borrowing smart contract of BSC. The protocol strives to create value for all users around leverage while ensuring fair transactions with absolute safety. 

**Official Website:** <https://DeerFi.io/>