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If you are leveraged long BTC or ETH and plan to stay that way for the next 30 days, you’re being financially foolish if you don’t move over to @THORChain no-interest and no-liquidation loans The best TC lending interface I’ve seen so far is @THORSwap
I CHOOSE RICH. The ticker is ... https://t.co/m9aPvZaJcX
WOW one of the biggest opportunities to eat a DeFi platform's lunch has just presented itself for @THORChain MakerDAO has "Temporarily" raised their interest rate to 17.25% as of 12 hours ago. I was running math on my vault and I am now paying $60,375 PER YEAR in interest… https://t.co/2kEttT8sCd
THORChain has increased lending caps on its platform, allowing users to open loans with 50% LTV, no liquidations, no expiry, and no interest. Native BTC or ETH can be used as collateral for these loans, which have a 30-day minimum duration. The platform aims to provide seamless cross-chain swaps and DeFi lending services, attracting users with its user-friendly interfaces and competitive terms. Notably, THORChain's offering comes at a time when other platforms like MakerDAO have raised interest rates significantly, potentially driving users towards THORChain for more favorable lending terms.