Aave will support METIS Token as Collateral

DailyNews
AAVE2.33%
METIS1.73%
DEFI8.44%

On August 22nd, Decentralized Finance lending protocol Aave announced its support for METIS Token as Collateral on the Metis network. This move will expand the utility of METIS Token and improve capital efficiency for Aave users. According to the announcement, Aave will provide a loan-to-value ratio (LTV) of 30% for the METIS token, which means that users can borrow assets equivalent to 30% of the total value of their METIS Collateral.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments