Compound has added support for stablecoin USDe and mETH as collateral for loans
Odaily Planet Daily reports that Compound Finance is adding Ethena's stablecoin and Mantle's Liquidity Staked Tokens (LST) to its decentralized lending platform. Community members have voted to add the stablecoin USDe and mETH (Mantle's LST) as collateral for loans. According to data from DefiLlama, Compound is one of the most popular DeFi lending protocols on the Ethereum network, with a total locked-in value (TVL) of up to 2.7 billion USD.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
GalaChain Secures Access to Trusted Copyright Chain Through Landmark Partnership with Shrapnel
Bitget Launches 9th VIP Regular Airdrop Program with a Prize Pool of 600,000 RHEA
Multiple Whales Continue Accumulating ETH, 11 New Wallets Have Purchased a Total of 722,200 Tokens
Trending news
MoreCrypto prices
More








