Aave will support METIS Token as Collateral

On August 22nd, Decentralized Finance lending protocol Aave announced its support for METIS Token as Collateral on the Metis network. This move will expand the utility of METIS Token and improve capital efficiency for Aave users. According to the announcement, Aave will provide a loan-to-value ratio (LTV) of 30% for the METIS token, which means that users can borrow assets equivalent to 30% of the total value of their METIS Collateral.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)