Deerfi

Total Users

Rewards

Volume: $0
Contract Balance: $91
Category: - No data available.
Blockchain: Ethereum
Language: - No data available.

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News

CFTC Establishes Innovation Advisory Committee to Collaborate with Digital Asset Sector

CFTC has formed an Innovation Advisory Committee to enhance collaboration with the digital asset industry.

Ayman Ben Youssef

an hour ago

Defense Stocks Surge Amid Ongoing Geopolitical Turmoil

US defense stocks are experiencing significant gains due to the ongoing geopolitical turmoil related to the Israel-Iran-US conflict.

Tando Nkube

3 hours ago

XRP Technical Indicators Show Mixed Signals Amid Price Correction

Technical indicators for XRP show a loss of bullish momentum, with MACD losing pace and RSI below 50.

Jesper Sørensen

6 hours ago

What is Deerfi?

Deerfi offers a new DEFI lego to support LP token holders, wherein users can now deposit Uniswap Liquidity Provider (LP) tokens as collateral for loans on Deerfi. For example, users can deposit USDC-USDT Uniswap LP tokens into Deerfi as a means of borrowing more USDC and USDT to provide extra liquidity on Uniswap. As long as Uniswap’s liquidity earning rate is higher than the borrowing interest in Deerfi, users can receive more income than before. Deerfi Lending protocol aims to help the Uniswap ecosystem and other DEFI platforms to create a flourishing money market in a fully trustless and decentralized way.