Lending protocol Silo Finance announced it's live on Arbitrum.
Silo Finance aims to isolate risks by creating individual lending markets, which are called silos, for each base asset. Different silos are connected by bridge assets. Silo Finance on Arbitrum uses $ETH and $USDC as bridge assets, and supports three base assets now, which are $DPX, $UMAMI and $MAGIC.
DeFi
Lending
Arbitrum
Get the most concise crypto news, research, and insights by subscribing to our free newsletter.