Radiant launches proposal to join USDe in its lending market, with 99.54% support
On June 28th, according to Snapshot, RadiantCapital proposed to add USDe to the Radiant lending market as collateral, and plans to deploy it on Ethereum and Arbitrum, with a current approval rate of 99.54%.
The LTV on Ethereum is 72%, and the LT is 75%, which means that each USDe can borrow other assets worth $0.72 and will be liquidated after a 3% anchor detachment.
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
Subscribe to ETH Earn products for dual rewards exclusive for VIPs— Enjoy up to 10% APR and trade to unlock an additional pool of 50,000 USDT
Bitget Spot Margin Announcement on Suspension of SANTOS/USDT, MYRO/USDT, DUSK/USDT, PHB/USDT, ALPINE/USDT Margin Trading Services
CandyBomb x RAVE: Trade futures to share 200,000 RAVE!
Bitget TradFi: Trade gold, forex, and more assets in one account
Trending news
MoreCrypto prices
More
