WEMIX

Lend &amp; Borrow, a service which will take a crucial role in the growth and expansion of WEMIX.Fi, a DeFi platform of WEMIX, will soon launch on Feb. 15th.&gt; What is Lend &amp; Borrow Service? Lend &amp; Borrow is a financial DeFi Service, designed to enable users to operate additional quantities of digital assets by setting their digital assets of blockchain as a collateral. The service is based on the smart contract which users can easily lend &amp; borrow without any intermediary or verifications.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/bd5173bc097740c68cae708567c4241a.png" />Users of WEMIX.Fi can earn profits in return of providing liquidity by depositing their assets through Lend &amp; Borrow of WEMIX.Fi or use overcollateralized loan service, a service which allows users to borrow other types of assets by putting up their deposited assets as collateral.In case of a borrow, the value of the collateral assets must be greater than the value of the borrowing assets, and interests calculated based on the protocol must be returned together.In order to prevent the risk of liquidation when lending at higher rates, WEMIX.Fi sets the amount that can be loaned separately. Detailed information such as collateral can be found on <a href="https://docs.wemix.com/v/wemixfi-ko/services/borrow" rel="noopener noreferrer nofollow">WEMIX.Fi Docs</a> after the launch of the Lend &amp; Borrow service.By providing a real-time monitoring service (Status Monitor) that enables safe collateral management after borrowing, the service offers the convenience of checking the current collateral status of the user. Also, the user can carefully manage their finances by depositing additional collateral or making repayments after carefully assessing the price fluctuations and monitoring the current status of their assets on a regular basis.As the financial sector, which is perhaps the most frequent service we use day in and day out, enters into the blockchain ecosystem, its related blockchain services are developing rapidly.The WEMIX Team will keep striving to lead the trend by launching various services within the ever-evolving blockchain ecosystem.We look forward to your interest and support for the Lend &amp; Borrow service, our newest service on WEMIX.Fi.Lend &amp; Borrow Service : <a href="https://wemix.fi/market" rel="noopener noreferrer nofollow">https://wemix.fi/market</a>Thank you.WEMIX Medium Announcement: <a href="https://medium.com/wemix-communication/wemix-fi-lend-borrow-coming-soon-f91dc5c97406" rel="noopener noreferrer nofollow">https://medium.com/wemix-communication/wemix-fi-lend-borrow-coming-soon-f91dc5c97406</a>WEMIX Communication Channels: <a href="https://twitter.com/WemixNetwork" rel="noopener noreferrer nofollow">Twitter</a> | <a href="https://medium.com/wemix-communication" rel="noopener noreferrer nofollow">Medium</a> | <a href="https://t.me/WEMIX_ANNouncement" rel="noopener noreferrer nofollow">Telegram</a> | <a href="https://www.facebook.com/WEMIXBlockchain/" rel="noopener noreferrer nofollow">Facebook</a> | <a href="https://www.reddit.com/user/WemixNetwork/" rel="noopener noreferrer nofollow">Reddit</a>

WEMIX.Fi Lend & Borrow Coming Soon!

WEMIX

Weitere Artikel, die am 8. Feb. 2023 veröffentlicht wurden

Understanding NFTs — The Future of Digital Asset Ownership and Data Protection

Trader Joe Integrates LayerZero: JOE evolves into an Omnichain Token

The CVTX Token and its Lead Role in the Carrieverse Web3 Ecosystem

Introducing: Joepegs’ NFT Composer

CBDC și rolul băncilor centrale în 2023

ARK Invest CEO Cathie Wood Predicts BTC Could Reach $1M by 2030

Abonniere unseren kostenlosen Newsletter und erhalte tägliche Krypto-Updates!