While the crypto market is seeing another round of high volatility, we'd like to assure our members that DimeFi has no asset exposure to Celsius and 3AC. Everything is operating as usual right now.
5/ We have been investing heavily in DeFi risk control technologies. The recent market volatility has proved the importance of this strategy and we will be doubling down on our investments in leveraging technology to mitigate the DeFi risk even more effectively.
4/ We are adding reputable institutional borrowers to further diversifying our asset lending and reduce risk significantly amid market volatility. As we improve asset security, USDC interest rate will be adjusted to 6% APY, effective on May 20, 2022 at 5 pm PDT.
2/ We've removed Anchor Protocol as our lending partner as of May 9, 2022. Fund deposits and withdrawals are operating as normal. Our members can withdraw their DimeFi account balance in full.
1/ We know that the ongoing crypto market volatility is worrisome, but rest assured that DimeFi has your back through these turbulent times. That's why we're sharing four product improvements with you.
@Brntrogdor We had a networking error connecting to the exchanges this morning. I apologize for the confusion (especially in this sensitive period of time)
One of the most common requests we receive from our members is to be able to trade more assets on our platform. Thatβs why weβre excited to announce that weβre listing three new tokens for trading today: Solana (SOL), Terra (LUNA), and Avalanche (AVAX).
DimeFi is launching a referral program!
When you invite a friend who deposits $20 or more, we will send you both $20! Learn more at: https://t.co/Gw9a5MfZlY