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DeFi yield platform Compound Treasury launches lending services for institutions

2022-09-14 23:11:40

Chain Catcher news, the DeFi yield platform Compound Treasury has launched lending services for institutions. Certified institutions can choose to use Bitcoin, Ethereum, and supported ERC-20 assets as collateral to obtain loans from Compound Treasury at a 6% APR (fixed rate). There is no limit on the loan term, and as long as the client maintains over-collateralization, they can flexibly borrow and repay. Liquidity is provided by Compound Treasury clients and the Compound Protocol, which has assets exceeding $3 billion. (Source link)

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