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Home All Events - Ape O'Clock Pinjam Labs Token Emissions Launch

Date

Jun 26 2023
Expired!

TimeUTC

2:00 pm

Your Time

  • Timezone: America/New_York
  • Date: Jun 26 2023
  • Time: 10:00 am

Status

Active

Pinjam Labs Token Emissions Launch

Expansion of lending & borrowing protocol on Kava.

DETAILS
  • Earn yield by supplying or borrowing assets (e.g. USDC, ETH, BTC etc.)
  • Loans are over-collateralized, and any idle funds deposited in protocols such as Aave, Curve, etc. to earn additional revenue and yield for lenders
  • Lenders earn 1% of total yield generated from idle funds
  • The interest rate on borrowing varies – depends on asset utilization; rises when more of an asset is borrowed, and it falls as utilization falls
  • No fixed term on borrowing
Links & Resources
Related Launches

Blockchain

Kava

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