Silo, the non-custodial decentralized finance (DeFi) lending marketplace, has unveiled its V2 protocol on Sonic (S), as reported to Finbold on Friday, March 14.
After a rigorous auditing process, the protocol has left the beta phase and is now expanding its isolated lending markets, with over $400 million already locked into Silo V2.
Looking ahead, Silo has announced future deployments on Arbitrum (ARB), Base (BASE), and other Ethereum (ETH) Virtual Machine (EVM) Layer-2 (L2) and EVM-compatible chains.
Silo V2 markets
Building upon the foundations laid down by Silo V1, which facilitated hundreds of millions in loans across more than 50 isolated pools on ETH and various L2s, Silo V2 introduces customizable twin-asset lending markets.
These markets allow deployers to optimize their solutions for a more diverse range of assets by tweaking parameters such as loan-to-value (LTV) ratios, liquidation thresholds, oracles, and interest rate models.
Other key features of Silo V2 a
We współpracy z: https://finbold.com/silo-brings-its-v2-protocol-to-sonic/
