BTC $63,023.02 +0.05%
ETH $1,880.89 +0.04%
BNB $607.29 -0.05%
XRP $1.00 +0.37%
SOL $75.29 -0.04%
TRX $0.3309 -0.47%
DOGE $0.0695 -0.61%
ADA $0.1761 -2.05%
BCH $203.43 -0.56%
LINK $9.47 +5.63%
HYPE $56.87 +0.73%
AAVE $86.15 -0.19%
SUI $0.6765 -0.73%
XLM $0.1579 -0.02%
ZEC $487.02 -1.13%
BTC $63,023.02 +0.05%
ETH $1,880.89 +0.04%
BNB $607.29 -0.05%
XRP $1.00 +0.37%
SOL $75.29 -0.04%
TRX $0.3309 -0.47%
DOGE $0.0695 -0.61%
ADA $0.1761 -2.05%
BCH $203.43 -0.56%
LINK $9.47 +5.63%
HYPE $56.87 +0.73%
AAVE $86.15 -0.19%
SUI $0.6765 -0.73%
XLM $0.1579 -0.02%
ZEC $487.02 -1.13%

The LSD stablecoin protocol Prisma Finance has supported cbETH as collateral

2023-07-13 15:40:19

ChainCatcher news, the LSD stablecoin protocol Prisma Finance has supported cbETH as collateral. Users can obtain the native over-collateralized stablecoin acUSD by collateralizing cbETH, while the staking rewards of cbETH can be used to repay the borrowed acUSD through a self-repaying mechanism, gradually reducing the liquidation ratio and balancing the lending rates.

Related projects
app_icon
ChainCatcher Building the Web3 world with innovations.