Coinbase’s Base launches “Earn & Borrow” for Ethereum layer-2 apps

Share

Base’s Earn & Borrow solution relies on third-party protocols such as Morpho and Aave to offer variable-rate stablecoin yields and crypto-collateralized loans. Current average stablecoin yield in these markets reaches 4.45%, excluding incentives. The integration aims to enhance in-app access to credit and yield services within applications built on Base, without introducing a native lending protocol. This development could signal a significant increase in Ethereum’s utility and influence market perceptions regarding its upward price potential.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Read More

Items