# Introduction Yeti Finance is a cutting edge borrowing protocol built on Avalanche that allows users to borrow up to against LP tokens, staked assets like Liquid AVAX, and base assets like WETH and yield-bearing stablecoins. Users continue earning rewards they would normally receive when they deposit assets in the Yeti Finance protocol. Borrowers receive YUSD (an over-collateralized USD stablecoin) at a minimum ratio of 1 YUSD to 1.1 USD in collateral. Users will then be able to use the YUSD to purchase additional assets, hedge their position, or provide liquidity for additional rewards. YUSD can be redeemed for $1 of underlying collateral. Yeti Finance builds off [Liquity's ](https://www.liquity.org/)economic model to ensure peg stability and efficient liquidations. Yeti Finance also offers users the ability to borrow against muliple assets at once instead of a single asset. This helps with borrowing against volatile assets as multiple assets can serve as collateral for your loan instead of just one, greatly reducing the risk of liquidations due to asset volatility and flash crashes. Yeti Finance is a **quantum leap** forward in the stablecoin/lending landscape. NOTE: A new borrowing model is now in effect as of November 2nd, 2022. These changes include a reduction of one-time borrowing fees and and introduction of a 0.5% starting interest rate for new and existing borrowers. Read more [here](https://blog.yetifinance.co/the-path-to-becoming-the-best-defi-borrowing-protocol-790459ddf93d). Please read our [DISCLAIMERS: RISK OF USING PROTOCOL](https://techdocs.yeti.finance/broken-reference) before using our protocol and interacting with YETI or the YUSD token, and our most recent article on[ major protocol updates.](https://medium.com/@yetifinance/the-path-to-becoming-the-best-defi-borrowing-protocol-790459ddf93d) ![](https://291608036-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FrWzcTtq4yBDqEjh1pXdG%2Fuploads%2FlOTz2v8O2CBS3e8hefzg%2FSki%20Patrol%20Yeti_Ski%20Patrol%20World.png?alt=media\&token=9837d5f7-19ce-4c90-82c8-8e639b221592) ### --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://techdocs.yeti.finance/introduction.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.