Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
DeFi platforms like THORChain and PrismaFi are introducing new features for lending and borrowing, including increased lending caps and support for various cryptocurrencies as collateral. THORChain reports a significant increase in collateral onboarded per hour, potentially leading to full lending caps within a week.
Since yesterday's lending cap increase: ⚡️1M $RUNE ($7M) burned ⚡️88 BTC (+23%) in BTC collateral onboarded ⚡️ 1485 ETH (+40%) in ETH collateral onboarded Showing no signs of stopping
Two big features I’d like to see in @THORChain Lending 1) Ability to swap collateral during the 30 day lock period It has no impact on the volatility of RUNE to shift collateral from Asset 1 (eg BTC) to Asset 2 (eg ETH) during the lock period as the amount of collateral,…
Juice has launched ETH lending and partnered with leading Liquid Restaking protocols to elevate your farming experience. Earn up to 9x @eigenlayer points, 18x LRT points, Juice Points, Blast points, and more 👀 1) Use your LRTs as collateral to access up to 9x leverage in… https://t.co/ruyOBTPHa5