DeFi Lending With MOR is Finally Working For Traders and Borrowers
- MOR is a stablecoin that is available on the Binance Smart Chain (BSC).
- Traders and borrowers can finally enjoy DeFi lending with MOR.
MOR is a stablecoin that is available on the Binance Smart Chain (BSC). The digital asset is soft-pegged to the USD through a variety of mechanisms and special incentives.
The stablecoin, which are currencies pegged 1-to-1 with major fiat currencies or other real-world assets, is supposed to remain close to the $1.00 price point so that traders or investors may take advantage of yield farming opportunities while keeping interest rates relatively low.
The MOR tokens may be minted via a stablecoin using a fixed or pre-determined exchange rate or by offering collateral in the form of regular tokens and vault tokens with their speci...
Read more: https://coinquora.com/defi-lending-with-mor-is-finally-working-for-traders-and-borrowers/
Text source: News – CoinQuora – Latest Cryptocurrency and Block
