dForce
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The Rise of Cryptocurrency: Understanding Five Leading Blockchain Projects
21:00-7:00 Keywords: Kraken, Sotheby\’s, ChatGPT, dForce, Immutable
Overnight updates on April 14th at a glance
Cryptocurrency has become a buzzword in the digital world, and for go -
DeFi Protocol dForce Adds Support for Arbitrum Token ARB as Lending Collateral
According to reports, the DeFi protocol dForce has supported the Arbitrum token ARB as lending collateral, with a maximum loan to value ratio (LTV) set at 80%.
DForce has supported -
DForce Announces Resumption of USX Foundry and Deposit Services
On March 15th, according to official news, dForce announced the resumption of the service of casting USX through LSR, and users can already save USX into dForce Lending. Interpretation of this information: The announcement made by dForce on March 15th signals the resumption of the service of casting USX through LSR. LSR or Lending & Saving Rate is a lending and deposit interest rate that is used as a benchmark for determining the cost of funds for dForce’s lending business. The resumption of service indicates that users can now save…
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DForce announced the suspension of casting USX from LSR and the suspension of USDC storage function
On March 11, the official of the DeFi agreement dForce said on social media that in order to mitigate potential counterparty risk and market risk, we temporarily stopped casting USX from LSR. The USX deposit function of dForce Lending will also be suspended until further notice. Interpretation of this information: The message from the official of the DeFi agreement dForce on March 11 explains that the company has temporarily stopped casting USX from LSR to mitigate potential counterparty risk and market risk. This action has been taken by the company…
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Overview of important developments in the evening of February 13
12:00-21:00 Key words: Paxos, dForce, DBS Bank, Aave Interpretation of this information: The message, which is informing the readers about the upcoming time duration of 12:00-21:00, is mainly focused on highlighting the importance of three major keywords within the crypto market. These keywords include Paxos, dForce, and DBS Bank, along with the addition of Aave towards the end of the message. Starting with Paxos, it is a blockchain-based digital assets trading platform that enables users to carry out transactions in a secure and trusted manner. Paxos has been growing in…