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2021 has been a good year for Silo Protocol thus far. First, the project was the winner of the ETHGlobal 2021 Hackathon, one of the most coveted titles for upcoming blockchain projects. Following this major win, the project is now looking to expand on its operations through a token sale to raise funds along with upcoming projects for 2022.
Silo is a non-custodial lending protocol that is used to implement inclusive yet isolated money markets. Its permissionless protocol also allows for a market to be created for practically any token and allows its users to borrow against any asset of their
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