menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Cryptography News

>

Gelato and...
source image

Zycrypto

2w

read

274

img
dot

Image Credit: Zycrypto

Gelato and Morpho Launch Embedded Crypto Loans for Web3 Apps: A New Era of DeFi

  • Gelato and Morpho have introduced Embedded Crypto-Backed Loans, revolutionizing crypto borrowing with a non-custodial solution that integrates into various platforms.
  • The partnership combines Gelato's Smart Wallet SDK and Morpho's decentralized lending infrastructure, allowing users to access stablecoins using crypto assets as collateral.
  • Key features include seamless onboarding, gasless transactions, and secure interactions for both developers and end-users across multiple EVM-compatible chains.
  • The collaboration aims to bring DeFi services to a wider audience while maintaining decentralization, with upcoming security enhancements planned to further protect user assets.

Read Full Article

like

16 Likes

For uninterrupted reading, download the app