Binance expands lending options by investing in token and stablecoin USUAL.
As of December 25, 2024, Binance Announce The usual protocol (normal) The token will be added as a new borrowable asset Mortgaged loan program.
This move hopes to increase borrowing flexibility by enabling users to use assets from... Earn Binance—Binance's platform for earning rewards on cryptocurrency holdings — as collateral and benefiting from real-time annual returns.
USUAL's inclusion in Binance's flexible lending portfolio is in line with the platform's growing focus on stablecoin innovation. newly, Binance Labs Invested in Regular Protocol, a decentralized stablecoin source powered by Real world origins. This partnership reinforces Binance's commitment to integrating cutting-edge technologies and assets into its ecosystem, providing more opportunities for users.
Known for its dynamic structure, also referred to as demand rate, the collateralized loan feature allows users to manage loans with adaptable terms. Loan rates are updated every minute, ensuring transparency and flexibility. The minimum loan amount is set at one amount only US dollars That is, the service is available to a wide range of users.
To properly understand the terms and risks involved, users are advised to consult Binance Official Loan FAQs and Guidelines. Borrowers are encouraged to proceed with caution and make informed decisions.
Source link