Aave has integrated METIS as collateral on the L2 network Metis
By:Cointime
According to CoinDesk, Aave has integrated METIS as collateral on the Ethereum Layer 2 network Metis. Users can now borrow based on their METIS holdings at a loan-to-value ratio (LTV) of 30%, thereby obtaining liquidity without selling METIS. This feature takes advantage of Metis network's faster and cheaper transaction advantages compared to the Ethereum mainnet, improves capital efficiency, and provides users with more access to financial tools.
0
0
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.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$103,990.05
-2.30%
Ethereum
ETH
$3,833.45
-4.33%
XRP
XRP
$2.48
+0.75%
Tether USDt
USDT
$0.9999
-0.00%
Solana
SOL
$216.12
+1.20%
BNB
BNB
$705.75
-1.86%
Dogecoin
DOGE
$0.3826
-4.19%
USDC
USDC
$0.9999
-0.01%
Cardano
ADA
$1.02
-4.23%
TRON
TRX
$0.2707
-7.14%
Bitget pre-market
Buy or sell coins before they are listed, including ME, TOMA, OGC, USUAL, and more.
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up now