THORChain, a decentralized exchange and one of the liquid decentralized finance protocols by total value locked, plans to release “Lending” in 2023.
It is a feature THORChain says will complete their THORFi ecosystem. However, amid this development and community anticipation, RUNE remains under pressure, slipping 32% from April 2023 highs as of writing on May 30.
THORChain Lending
According to THORChain, Lending will function similarly to other decentralized money markets, including one of the earliest, MakerDAO, which operates on Ethereum.
With THORChain Lending, not only can the borrow deposit collateral, a token or coin already integrated by the platform, but also take loans with zero interest, liquidation, and expiry.
This arrangement means a borrower would effectively hold a loan without the risk of liquidation, irrespective of the collateral’s volatility. Moreover, THORChain says a user can be short the USD while being long on crypto assets such as Bitcoin and others
We współpracy z: https://www.newsbtc.com/news/can-this-thorchain-new-feature-push-back-rune-bears/
