Terminal Room
    Blend Backstop V2 logo

    Blend Backstop V2

    available
    TL;DR

    Insurance pool for lending markets created with Blend.

    Dossier

    ## Overview Blend Backstop V2 is an insurance pool mechanism designed to protect lending markets built on the Blend protocol. It functions as a risk mitigation layer for lenders and borrowers operating within Blend-powered lending systems on the Stellar network. Rather than a standalone insurance product, Blend Backstop V2 is integral to the Blend ecosystem itself—it provides a structured way to manage default risk and market volatility in decentralized lending. The tool exists because lending markets, particularly on-chain lending, carry inherent risks including borrower defaults, collateral