Link Marines Have A New Way to Make Money With Chainlink - Decrypt
published: 1 hour ago
Institutional crypto lender BlockFi has announced plans to support Chainlink deposits with 5.5% APY, starting tomorrow
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A scroll through the project's Twitter feed points to a rapidly expanding ecosystem that has been systematically adding top cryptocurrency projects to its list of assets that can be deposited to earn interest, participate in the liquidity mining program, or use as collateral to borrow other assets. Similar to the MakerDAO (MKR) platform and DAI, users of Venus can borrow against their assets and mint Vai, the stablecoin for the Venus protocol. A survey of the top-performing assets over the past week shows that BSC projects have outperformed the competition and are beginning to attract liquidity away from projects on the Ethereum network.