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Unbound Finance Will Soon Allow Stablecoin Borrowing Against Uniswap LP Positions on Arbitrum

April 3, 2023
in Bitcoin
Reading Time: 1 min read
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Along with Uniswap V3 positions, Unbound can also be increasing collateral help to LP tokens of comparatively risky asset swimming pools, comparable to WETH-DAI. The model 2, nonetheless, will introduce worth stability mechanisms (PSMs) that mechanically liquidate or redeem loaned positions to make sure UND’s worth stays secure and intently aligned with its meant $1 peg.

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Tags: ArbitrumBorrowingFinancePositionsStablecoinUnboundUniswap
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