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Neptune Finance Leads in DeFi Lending Rate Competition

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2 hours ago

Neptune Finance has revealed the results of a month-long interest rate competition study, confirming high efficiency of its interest rate mechanism.

Competition Results

The interest rate study, conducted from October 8 to November 8, showed Neptune Finance ranked first, with performance of 2.5x for USDT and 1.8x for USDC compared to competitors.

Advantages of Rate Mechanism

Neptune Finance achieves 20% APY for users through its innovative PID controller, which dynamically adjusts the interest rate curve.

We are committed to providing the highest value to our users. The results show Neptune has the most competitive rates in the industry.Chad Cutshall, CEO of Neptune Foundation

Future Steps for Neptune

The company continues to enhance user benefits and has recently updated its roadmap, which includes access to flash loans and advanced analytics.

Neptune Finance continues to demonstrate high efficiency as a lending platform and aims for further improvements for users.

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