Fuse

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Fuse

A game-changing development for the Fuse ecosystem - lending will be available starting this Wednesday 26th May! 🚀 How does Fuse Network Lending compare to protocols like Compound and Aave? In partnership with Ola Finance, we have the ability is to create isolated instances of lending networks. Compound, Aave, and other liquidity protocols are single, albeit large, instances in which all assets are pooled together. This can be beneficial in terms of aggregating liquidity in one place and increasing total value locked (TVL) on one lending protocol. However, this approach is restrictive when it comes to the type of assets which can be added. We solve this by providing a “Network of Lending Networks” in which isolated instances are created and various smaller cap assets can be added. This lending protocol will be the first of many, as we plan to create new instances, based on demand, that allows various tokens — including those created by payment communities launching on Fuse Network - to be supplied, borrowed, and used as collateral. Read the article 👉 bit.ly/3bPCJN6 twitter.com/Fuse_network/status/1396865477692076036?s=20