# TownSquare > Cross-chain lending and institution-backed yield infrastructure TownSquare is a cross-chain lending protocol. It lets users borrow and lend yield-bearing assets and liquid staked tokens across multiple blockchains. TownSquare is a cross-chain lending and liquidity protocol that combines non-custodial borrowing and lending with institution-backed yield infrastructure for stablecoins and real-world assets. It allows users to supply collateral, borrow across chains, and access yield strategies typically reserved for institutional desks. The protocol targets retail users seeking exposure to curated, higher-yield strategies alongside standard onchain lending markets. The protocol addresses the gap between low-yield onchain lending markets and higher-yield institutional strategies by offering curated vaults managed by outside curators alongside its core lending markets. Collateral supplied on one chain can be used to borrow assets on another chain, and isolated risk pods keep volatility in one asset from affecting unrelated positions. Loop vaults automate recursive borrowing and re-supplying to amplify yield on already yield-bearing assets. TownSquare's offering spans lending and borrowing markets, cross-chain loop vaults, and institution-backed yield vaults that support liquid staked tokens, stablecoins, and tokenized real-world assets such as reserve-backed commodities. It is used by retail participants seeking capital-efficient borrowing, yield farmers running leveraged strategies, and users accessing institutional-grade yield across supported blockchains. - Type: Protocol - Sector: DeFi - Status: Active - Founded: 2025-11-01 - Profile: https://thegrid.id/profiles/townsquare ## Products - [TownSquare Lending Protocol](https://thegrid.id/profiles/townsquare): A modular lending protocol supporting isolated loan positions with mixed collateral types, efficiency mode for correlated assets, and cross-chain borrowing capabilities across multiple blockchain networks. (Decentralised Borrowing & Lending, Live, Main Product) - [TownSquare](https://thegrid.id/profiles/townsquare): TownSquare is a decentralized lending, liquidity, and yield protocol that gives users access to institution-curated yield strategies and real-world-asset-backed vaults. It lets users deposit collateral to borrow across isolated risk pods, supply idle assets into curated yield vaults, and use automated loop vaults to apply recursive leverage to yield-bearing positions in a single transaction. An efficiency mode raises loan-to-value limits for correlated asset pairs while a general mode supports broader cross-asset lending, and the protocol operates across multiple blockchain networks with cross-chain liquidity movement. Loop vaults are marked as an upcoming capability alongside the live lending and vault features. (Live) ## Assets - [TOWN Points (TOWN)](https://thegrid.id/profiles/townsquare): TOWN is the reward point of the TownSquare lending protocol. It is distributed to lenders and borrowers as incentives for platform participation. Points are used to track user activity and determine eligibility for future token distributions, aligning early users with the protocol's growth through a retroactive reward system. (Digital Reward Assets) - [TOWN (TOWN)](https://thegrid.id/profiles/townsquare): TOWN is the governance token of the TownSquare crosschain lending and yield protocol. Holders vote on gauge emissions and protocol parameters, and can stake the token for reduced borrowing and vault management fees. It carries no dividend, profit-share, redemption, or revenue rights, distinguishing it from a yield-bearing security. (Governance) ## Links - [Main](https://www.townsq.xyz) - [Media Kit/branding](https://www.townsq.xyz/brandkit) - [Privacy policy](https://www.townesquare.xyz/Privacy) - [Documentation](https://docs.townsq.xyz) - [Terms of Service](https://www.townsq.xyz/terms) - [Privacy policy](https://www.townsq.xyz/privacy) - [Twitter / X](https://x.com/TownSquarexyz) - [Discord](https://discord.gg/KC96r8DVwq) - [GitHub](https://github.com/TowneSquare) - [Twitter / X](https://x.com/TownSquarexyz) - [Discord](https://discord.com/invite/yMRmqFzrDW) - [Discord](https://discord.com/invite/yMRmqFzrDW) - [Twitter / X](https://x.com/TownSquarexyz) ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. 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