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Home»EXCHANGE NEWS»UwU Lend expands into new markets through curve integration
EXCHANGE NEWS

UwU Lend expands into new markets through curve integration

By Crypto FlexsJanuary 31, 20243 Mins Read
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UwU Lend expands into new markets through curve integration
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You LendWe are proud to announce , a decentralized and innovative lending platform. Return of the Curve ecosystemwith him New stablecoin crvUSD!

Additionally, we are taking this exciting step forward as one of the first lending platforms to add crvUSD. UwU Lend aims to: Supports the stabilization and growth of the Curve ecosystem. It provides users with a more diverse market.


Thrilling curve market will captivate investors

CRV is the governance token of the Curve ecosystem that allows voting on Curve’s liquidity pool in return for emissions and exchanges. bribe. So users can now deposit tokens on UwU Lend and Earn interest on your CRV tokens.

APY varies depending on pool utilization. Additionally, here’s how to rent a CRV: 50% LTV and Liquidation threshold 60% Now you can also roof to take advantage of even more attractive APRs. also, 10% bonus It will go to the liquidator.

This new opportunity is a great way for users to earn passive income with CRV tokens while supporting the Curve ecosystem. Low LTV and liquidation thresholds allow borrowers to borrow CRV with confidence knowing their assets are well protected.


Introducing crvUSD: A powerful stablecoin revolutionizing the market

Curve’s stablecoin, crvUSD, was recently launched on the market and is issued as collateral. variable interest rate, there is deep fluidity (+100mm) in the curve. So when crvUSD trades below the peg, interest rates rise. Encourage repayment and calm down. When trading at or near the peg to encourage further borrowing.

Adding crvUSD adds another stablecoin to the stablecoins already available on UwU Lend.

As a result, you can now: deposit to earn interest Join UwU Lend’s profit flywheel. You can also earn interest on crvUSD and UwU tokens and borrow against crvUSD. 80% LTV and Liquidation threshold 85%and 5% bonus Applies to liquidators.

Please note that it is possible. Mint or exchange crvUSD or loan About collateral supported by UwU Lend partners silo.


About UwU Lend

UwU Lend is a decentralized finance (DeFi) platform. Users can borrow, lend, and earn interest. About crypto assets. it was built on Ethereum Blockchain It uses smart contracts to automate transactions and eliminate the need for intermediaries.

As well as, UwU Lend offers a variety of featuresThis includes borrowing cryptocurrency assets, lending cryptocurrency to earn interest, yield farming, Automated Market Maker (AMM) trading, and more.

One of the key features of UwU Lend is scattered personality, meaning that transactions are executed directly between users without the intervention of a central authority. As a result, it reduces the risk of censorship or manipulation and improves transparency and trust within the ecosystem.

Additionally, supporting this well-established Curve ecosystem is the first step towards more additional features and possibilities for UwU users while increasing revenue shared with the LP stash.


Stay informed

Learn more about UwU Lend by visiting: official WebsiteFor the latest updates and news, check out UwU Lend social media platforms: X (Twitter), Dissension, debankand reddit.

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