Deerfi

Total Users

Rewards

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

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News

YZi Labs Announces Support for BNB Treasury Company to Go Public in the US

YZi Labs, the investment branch of Binance, is backing the establishment of BNB Treasury Company, aiming to go public in the US.

Giorgi Kostiuk

a few seconds ago

How $460 Million in Liquidations Flipped the Crypto Market

A significant liquidation event in the crypto market led to a sharp price rally. We explore its implications for the market.

Giorgi Kostiuk

a few seconds ago

LockBlock: A New Blockchain-Based Gaming Platform Integrating NFT and VRF Technology

The LockBlock platform enables players to create levels and generate earnings through NFT ownership and verifiable randomness.

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.