# Market Makers ### Overview Market Makers facility the swapping of borrower's USDC and Backed Finance's `bIb01` token at the beginning and end of the `TBY` lifecycle. ### How to participate Market Makers must be fully KYCed to participate in the system. If you are interested in becoming a borrower please reach out to us at {% hint style="info" %} It should be noted that Market Makers do not turn a profit from their contribution to the system. They provide support in keeping open sourced public goods alive. {% endhint %}