Sturdy Finance Will Launch on Ethereum Mainnet by the End of May and Support Curve LP as Collateral
Lending protocol Sturdy Finance announced it will be launching on Ethereum mainnet by the end of May and allow users to make interest-free loans by staking Curve LP tokens. Borrowers typically pay no interest at all; instead, their collateral gets staked and the staking yield gets passed to lenders.
Previously, Sturdy Finance closed a $3.9 million funding round led by Pantera Capital.