Deerfi

Total Users

Rewards

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

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News

How the Combination of Artificial Intelligence and Blockchain Could Transform the Industry

Exploring the synergy between artificial intelligence and blockchain, their unique capabilities, and the challenges of integration.

Giorgi Kostiuk

a few seconds ago

US Crypto Legislation: Recent Developments and the Future of the Industry

The US Senate is reviewing new initiatives for cryptocurrency regulation, reflecting the desire for clarity and investor protection.

Giorgi Kostiuk

a few seconds ago

MoonBull: Whitelist Restructuring Changes Crypto Market Expectations

MoonBull activates the meme token market, changing crypto dynamics. SLERF shows signs of recovery, while Notcoin resumes activity.

Giorgi Kostiuk

a minute 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.