Surge is a revolutionary new protocol that aims to make all tokens compatible with DeFi lending protocols. Unlike traditional protocols, Surge utilizes a dynamic collateral ratio that is based on utilization rate over time rather than price feeds. This means that even long-tail tokens, LP tokens, NFTs, and vault tokens can be used as loan and collateral options.

One of the major advantages of Surge is its algorithmic collateral ratio system. This system ensures that liquidity is maintained in the pool, even at times of high withdrawal demand. This is done by gradually reducing the collateral ratio as the utilization rate of the pool rises above the surge threshold. This prevents suppliers from removing liquidity to avoid bad debt and ensures that the pool remains stable.

Another advantage of Surge is its permissionless pool deployment system. Anyone can deploy a lending pool on any of the supported chains, and all parameters of the pool can be determined by the pool deployer. These parameters cannot be changed by anyone else, including the pool deployer. This allows for a high degree of flexibility and customization, and allows multiple pools for the same loan/collateral pair to exist.

In conclusion, Surge is a game-changing protocol that offers a number of benefits over traditional DeFi lending protocols. Its algorithmic collateral ratio system ensures that liquidity is maintained in the pool, even at times of high withdrawal demand. Additionally, its permissionless pool deployment system allows for a high degree of flexibility and customization, making it possible for all tokens to be used as loan and collateral options. If you're looking for a DeFi lending protocol that truly supports all tokens, Surge is the way to go.