Midas Dollar Protocol Joins bLending by BearnFi
BearnFi proudly announced that the first project joins bLending is no other than Midas Dollar Protocol. bLending is a lending platform in which users can lend or borrow tokens to the BearnFi ecosystem.
- BDO – 5%
- BNB – 50%
- BUSD – 50%
Midas Protocol will supply
- 500,000 BUSD
- 1,000,000 MDO
- 1,000,000 BDO
Borrowing Capacity : 250,000 MDO
Collateral factor for MDO is 5%. User can borrow up to 5$ worth of tokens for every $100 of MDO supplied.
MIDAS DOLLAR PROTOCOL
Designed by the Midas Protocol team as the algorithmic stablecoin on Binance Smart Chain.
BEARNFI
Cross-chain product in Decentralized Finance (DeFi) that at its core provides yield generation, algorithmic stablecoin, gaming aggregation, cross-chain bridge, treasury, lending, DEX, yield calculator, lottery, NFTs and governance on multi-chain: Binance Smart Chain blockchain (BSC) and Ethereum blockchain.
