News/Decentralized Lending Protocol Silo Finance Live in Beta on Ethereum Mainnet

Decentralized Lending Protocol Silo Finance Live in Beta on Ethereum Mainnet

Aug 24,2022,16:53
Decentralized lending protocol Silo Finance announced that it's live in beta on Ethereum mainnet. Currently, Silo Finance accepts 9 tokens as collateral, which are $USDC, $WTBC, $FRAX, $FXS, $APE, $wstETH, $CVX, $CRV and $BAL. Each asset has its own silo, and $ETH is accepted as collateral across all silos. Now the silos are each capped at 500 $ETH in TVL. The cap will be increased over the coming weeks until eventually removed.
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