See a loan you like? Fund it with USDG.⚡️
If the borrower repays, you receive your USDG plus the agreed return. If they walk away, you receive the collateral. 🤝
https://t.co/wKFhLz6oPo
Deposit USDG and set your vault’s criteria.
When a matching $META -backed borrow appears, the vault can fund it automatically. 🤝
You earn when the borrower repays.
https://t.co/icQ0fqq2j3
Security was always our top priority. From launching a bug bounty reward day 1 to capping vaults as we were building the intent architecture that will power our next release, we've always kept in mind that liquidity not only follows communities but also security.
We have now frozen the code of our next update and we will be sharing it with some of the top security teams in the space. We will be picking one partner to follow us in this journey of providing you with code you can trust to not break when it matters.
Stay tuned for more updates in the coming days.
All that work building the bag just to sell it when you need liquidity? Couldn’t be G.
Borrow USDG against eligible assets and keep your position. 🤝
https://t.co/PZEy0zD8VF
Over $1300 ready to underwrite your memecoins / rh eco borrows if the terms are right!
Head over to https://t.co/PZEy0zDGLd to see over 70+ assets that we support
QA testing / internal audits for our intent layer is going well so far.
we don't expect it to be much longer before we select an audit partner . we've been in contact with several so far. Once we get a finalized partner & timeline we will be sharing it.
however smart contract audits aren't the only point of entry for malicious attacker, so in parallel we have someone actively running pen testing on all of our frontend/backend surfaces.
we take security very seriously because we know you do too. bear with us as we ensure we deliver the most secure release we can!
Not every bag needs to hit the sell button.
Borrow USDG against eligible stocks and memes on Gage. Repay by the deadline to reclaim your collateral.
https://t.co/PZEy0zD8VF
In anticipation of the new listing of commodities on https://t.co/h09lnBRX3a we will be raising the stocks vault cap by $1000.
The meme cap is currently at capacity as well and following our internal QA testing we will be raising it by $500.
Caps have now been raised slightly on both vaults. We will continue to monitor carefully how our code behaves internally pending our audit that which will allow us to provide uncapped vaults.
https://t.co/icQ0fqputv
We have added $GLD, $SLV and $USO as collateral options on https://t.co/PZEy0zD8VF
This marks our entry in the commodities market! They are currently under the stocks category but will be moved to their own category in the future.