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Base Launches a stablecoin yield and crypto-collateralized lending solution for platforms

PANews October 14 reported that, according to Base the official website and official X account, Ethereum L2 network Base has launched the Earn & Borrow solution, providing platforms with an end-to-end technology stack that enables them to offer eligible users variable-rate stablecoin yields and crypto-asset-backed loans based on Base infrastructure and third-party lending markets. The yields earned on stablecoins deposited by users USDC and other stablecoins mainly come from the overcollateralized lending interest paid by borrowers, and the solution can connect to lending protocols such as Morpho and Aave. The official website shows that the average stablecoin yield on the Base lending market USD is 4.45%(excluding incentives).

Source: https://www.panewslab.com/zh/articles/01a1364e-6550-718e-849b-92c4c04d7dc1