Aave DAO Deploys Ether.fi Marketplace to Support Stablecoin Lending
远山洞见2024/09/11 06:43
Aave is a decentralized financial protocol that allows people to borrow cryptocurrency. Lenders earn interest by depositing digital assets into a specially created liquidity pool. Borrowers can then use their cryptocurrency as collateral to make quick loans using this liquidity.
On September 10th, Aave DAO announced the deployment of a dedicated ether_fi marketplace on the Aave platform. Users can now use weETH liquid staking tokens as collateral to lend stablecoins such as $USDC, $pyUSD, and $FRAX. This is another dedicated instance after Lido and Athena, and provides a preview of Aave V4's dedicated liquidity and risk isolation features. This update brings users more choices and further enhances the stability and diversity of the Aave platform.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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