menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Blockchain News

>

Silo V2 La...
source image

TheNewsCrypto

1M

read

440

img
dot

Image Credit: TheNewsCrypto

Silo V2 Launches on Sonic, Unlocking Risk-Isolated DeFi Lending

  • The non-custodial DeFi lending marketplace, Silo, has launched its V2 protocol on Sonic, allowing users to access risk-isolated markets.
  • Silo V2 has successfully completed multiple audits, attracting over $400 million in commitments on Sonic, offering users the ability to earn dividends and insure against risk.
  • Deploying Silo V2 on Sonic enables twin-asset lending markets with customizable features, such as loan-to-value ratios and interest rate models, for any ERC-20 token.
  • Supported by Sonic's high-speed infrastructure, Silo V2 enhances scalability and developer tools, unlocking new use cases for decentralized lending.

Read Full Article

like

26 Likes

For uninterrupted reading, download the app