Geist is a decentralised non-custodial liquidity market protocol where users can participate as depositors or borrowers. Depositors provide liquidity to the market to earn a passive income, while borrowers are able to borrow in an overcollateralised (perpetually) or undercollateralised (one-block liquidity) fashion. Geist Finance is a lending and borrowing market on Fantom based on one of the largest DeFi protocol AAVE. AAVE has grown to become one of the most respected and secure protocols in the space but Geist wants to do things differently. The Geist protocol has no governance and no VCs, instead it features a revenue earning token sharing platform fees between token holders and liquidity providers. The protocol will always be permisionless for everyone to use on the same basis.