Arrow launches CDP Alpha v0.1, supporting USDG, WETH, and tokenized stocks as collateral for lending
Foresight News reports that Robinhood ecosystem DeFi protocol Arrow Finance has launched the CDP Alpha v0.1 version, supporting users to borrow using USDG, WETH, and tokenized stock assets as collateral. To prioritize safety, the team has set conservative borrowing limits within the protocol and is currently undergoing a security audit by the Sherlock team. After the audit is passed, borrowing limits will be gradually increased. Meanwhile, the aUSD/USDG liquidity pool has been injected with liquidity on Sheriff Exchange, and liquidity providers can earn points by supplying liquidity, with additional incentives to be offered in the future.
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.
You may also like
Wedbush: Hard drive supply falls short of demand, Seagate (STX.US) and Western Digital (WDC.US) earnings reports may bring surprises
Wedbush reiterated its "outperform" ratings for Seagate and Western Digital, setting target prices at $1,000 and $650, respectively.
JPMorgan maintains Underweight rating on Nike (NKE.US): Deep in adjustment pains, performance pressures may persist until fiscal year 2028
Recently, JPMorgan released a U.S. equity research report on Nike. The research team participated in a face-to-face meeting with Nike's new CFO, Denton, updated profit assumptions based on management statements, and maintained an “underweight” investment rating on Nike.
Piper Sandler lowers Meta's target price to $850
Crypto prices
More
