# Overview

Polter is a decentralized non-custodial lending and borrowing platform where depositors earn a percentage of the interest charged for borrowing.

Since the cessation of the $GEIST platform on Fantom chain, there has been a demand for something similar to be available to the community. $POLTER was created to satisfy this demand using the same smart contract.

Learning an important lesson from the previous protocol, flash-loans will be disabled on Polter. This will help to minimize risks to users of the platform.

