The first establishment of liquidity protocol in Terra is here
Edge Protocol is currently live now on Terra!
Access liquidity with your assets at https://t.co/cGlg1j1QAP
In the first phase, thereโre 2 available assets, $LUNA, available to borrow, and $axlUSDC, which is available as collateral.
Note: These parameters and specifications can be changed afterward depending on market conditions.
Upon the launch, users can
Lend: allow users of the single-deposit asset to earn interest from lending their assets.
Borrow: enable users to borrow assets against certain collateral assets, allowing users to maximize their liquidity and capital efficiency.
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9* (edited)/ Previous LUNA, LUNA derivatives (i.e. LunaX, bLUNA, stLUNA), aUST, and holders who deposited to Edge Protocol will be eligible for the airdrop by the same terms as everyone.