Lending Protocol HopeLend Live on Ethereum Mainnet

DeFi ecosystem Hope.money announced that its decentralized lending protocol HopeLend is live on the Ethereum mainnet. Currently, it supports seven assets, including $HOPE, $BTC, $ETH, $USDT, and more.

Launched by Flex Yang, former founder of Babel Finance, Hope.money is an all-in-one DeFi ecosystem built around distributed stablecoin $HOPE. As a part of the ecosystem, HopeLend aims to enhance the capital efficiency and use cases of users' liquidity, offering real-time on-chain deposit and loan transactions. Depositors, borrowers, and liquidators on HopeLend are all rewarded with $LT.

Related: Former Babel Finance Founder Announces Launch of Distributed Stablecoin $HOPE and HOPE Ecosystem