Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => DeFi tokens => Topic started by: Altcoin1998$ on April 19, 2021, 01:51:45 PM
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MakerDAO and Centrifuge have joined forces to introduce real world asset loans in DeFi.
New Silver, a loan pool on Centrifuge Tinlake, now lets users finance loans using MakerDAO as a credit facility. MakerDAO’s community passed a vote to launch the update last week.
The integration allows anyone to deposit assets to a Centrifuge pool to receive a loan paid in DAI. These assets could encompass cars, real estate, or any other type of physical asset that can be digitized. To date, MakerDAO has only supported crypto assets like ETH and WBTC as a form of collateral.click (https://cryptonews.net/553256/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)