PANews reported on July 1 that the decentralized lending protocol Maple announced the integration of EtherFi's weETH as collateral for its on-chain credit platform. Qualified borrowers can obtain USDC loans through weETH and earn ETHFI rewards. Maple will provide ETHFI rebates of 2% APY for the first $50 million of weETH loans. weETH is a widely used re-pledged asset in DeFi, with a circulation of $5.3 billion.
Maple integrates EtherFi’s weETH as collateral. Qualified borrowers can obtain USDC loans and receive ETHFI rewards at the same time.
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Author: PA一线
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