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    TL;DR

    No-liquidation lending protocol

    Dossier

    ## Overview Ruler is a lending protocol deployed on Ethereum that eliminates liquidation risk by design. Rather than using collateral ratios that trigger forced position closures when prices move against borrowers, Ruler implements a fundamentally different mechanism. The protocol allows users to borrow assets without facing liquidation, addressing a core pain point in traditional lending protocols where market volatility can wipe out positions regardless of collateral value. The protocol exists to serve borrowers who want leverage or liquidity without the existential threat of liquidation eve