USDT0 Frontier vault has now become the second largest stable vault on Felix Vanilla with over $20m in deposits, bringing total stablecoin deposits on Felix across CDP and Vanilla to over $184m
USDT0 Frontier is a demonstration of what risk tranching can look like when building on @MorphoLabs infrastructure. By segmenting the USDT0 Flagship and USDT0 Frontier vaults, Felix allows users to determine the risk/return profile they desire
More conservative users don't need to be obligated to asset exposure they aren't comfortable with in order to eek out yield. Users willing to lend to newer collateral are able to capitalize on (typically) stronger yields while avoiding the total liquidity fragmentation of a typical paired/isolated lending system
More novel collateral options otw
Show original
8.61K
64
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.