DeFi· ★★★· bullish·

Curve Finance Launches First Borrowing Against Pool LP Tokens

  • —Curve launched borrowing against its pool LP tokens
  • —Feature targets higher liquidity and more borrowing options
  • —Could drive user engagement in DeFi lending
Why it matters: LP-collateralized borrowing improves capital efficiency on Curve and may intensify competition among DeFi lending protocols.
Source: Coinfomania