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NewsLending Protocol Silo Finance Live on Arbitrum

Lending Protocol Silo Finance Live on Arbitrum

Feb 09,2023,04:06

Lending protocol Silo Finance announced it's live on Arbitrum.

Silo Finance aims to isolate risks by creating individual lending markets, which are called silos, for each base asset. Different silos are connected by bridge assets. Silo Finance on Arbitrum uses $ETH and $USDC as bridge assets, and supports three base assets now, which are $DPX, $UMAMI and $MAGIC.

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