In a significant development for the DeFi ecosystem, iAssets has officially launched on Supralend, the native lending protocol of Supralend. This integration marks a new era for users looking to maximize their returns through innovative lending and staking options, and the publication demonstrates positive momentum in the developments.
Introduction of iAssets on Supralend
With the introduction of iAssets on Supralend, users can now lend their tokens and benefit from dual yields. This unique feature combines the base lending Annual Percentage Yield (APY) with rewards from Proof of Earned Liquidity (PoEL) staking, providing an attractive opportunity for investors seeking to enhance their earnings.
Borrowing Against iAssets
Additionally, the platform allows users to borrow against their iAssets while maintaining their staking positions. This functionality not only increases the utility of liquid staking tokens but also offers users greater flexibility in managing their assets. As the DeFi landscape continues to evolve, this integration is poised to attract a wider audience looking for innovative financial solutions.
The recent launch of iAssets on Supralend highlights the growing innovation in the DeFi space, while the upcoming ONDO Summit promises to showcase major financial institutions' interest in tokenization.
