on September 23rd, dForce publicizes that its second RWA Vault will go reside on Conflux, that includes tokenized renewable power battery-swapping property. Following the success of the primary vault, the USDT deposit cap has been elevated to 300,000 USDT. Deposits are already open, permitting customers to earn yield from tokenized inexperienced property.
Refer to the official tweet by DF:
ⳠThe wait is sort of over. On Sep 23, 00:00 UTC, dForce’s 2nd RWA Vault goes reside on Conflux, backed by Ant Digitals’ renewable power battery-swapping RWA.
💵 Given the success of the primary Vault, we now have raised the USDT deposit cap to 300k!
🌱 Earn yield from tokenized green… pic.twitter.com/rN71NXXneT
DF Info
dForce is a fully integrated and open financial platform that includes several protocols that offer decentralized finance (DeFi) services. The project offers users a wide range of financial services, such as staking, yield farming, lending and borrowing.
dForce’s main product is dForce Lending. dForce Lending is a decentralized lending platform. Users can provide their cryptocurrencies as collateral, which allows them to earn interest, as well as borrow other cryptocurrencies. The whole process is carried out automatically through smart contracts, eliminating the need for direct interaction between the lender and the borrower.
When depositing assets into the pool, users receive collateral tokens reflecting their share in the pool. Borrowers can borrow funds up to a certain percentage of the value of their collateral tokens. In case of incomplete coverage of the loan by collateral, the position of the borrower is subject to liquidation. Interest rates on the dForce Lending platform are formed automatically in accordance with the supply and demand for a certain asset, which guarantees efficient and transparent pricing.
DF is a native token, that is used to participate in the governance of the protocol and receive rewards for participating in staking.
