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Radiant launches proposal to join USDe in its lending market, with 99.54% support

CointimeCointime2024/06/28 05:02
By:Cointime

On June 28th, according to Snapshot, RadiantCapital proposed to add USDe to the Radiant lending market as collateral, and plans to deploy it on Ethereum and Arbitrum, with a current approval rate of 99.54%.

The LTV on Ethereum is 72%, and the LT is 75%, which means that each USDe can borrow other assets worth $0.72 and will be liquidated after a 3% anchor detachment.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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