cryptonews
2023-04-06 10:17:00

M11 Credit Restarts Crypto Lending on Maple Finance After FTX Fallout – Here's What You Need to Know

Blockchain-based financing firm M11 Credit has resumed crypto lending on the decentralized credit marketplace Maple Finance. The news of the resumption of service was announced in a Twitter thread from M11 Credit on Wednesday, where the firm also said it had upgraded its underwriting and monitoring framework. The new lending pool will have an expected annual yield of 10.75% in the stablecoin USD coin (USDC) with a 60-day duration, the firm said.... Read More: M11 Credit Restarts Crypto Lending on Maple Finance After FTX Fallout – Here's What You Need to Know

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.