BlockWallet Partners With Themis

Published on: 27.04.2022
BlockWallet Partners with Themis

BlockWallet announces a latest partnership with Themis that brings another integration for BlockWallet users.

Themis is a permissionless protocol that enables liquidity providers to collateralize their LP and borrow stablecoins to hedge, speculate or leverage to earn higher yields. Themis also enables users to create anonymous lending between pools of funds and mortgagers of NFTs.

When using lending/borrowing protocols, you might garner unwanted attention by moving large funds from the protocol to your wallet. To stay protected, you can utilize BlockWallet’s Privacy Pools to deposit and mix funds in a smart contract. This removes the link between the protocol and your wallet, making it near impossible to perform a targeted attack.

 

Unlocking liquidity for the Metaverse & GameFi

As the Metaverse becomes increasingly prevalent in the crypto universe, Themis is at the center of creating liquidity for booming Metaverse and GameFi economies.

Themis lets you leverage Uniswap v3 LP positions to borrow stablecoins and blue-chip assets so your initial capital remains in the Uniswap pool generating yield while unlocking its liquidity for greater capital efficiency. Since Uniswap v3 positions are NFTs, they’ve built the capacity to sign in to the protocol with NFTs as well.

Themis has also launched a utility-driven NFT campaign that rewards users who lend/borrow with NFTs that come with perks like a higher LTV ratio. And in the future, they’ll support using other NFTs as collateral for loans and truly become The Bank of the Metaverse!

 

About Themis

With Themis, you’ll be able to receive a loan using your NFTs from Uniswap v3 as collateral — something no other protocol currently offers. This way your liquidity will remain in the pool generating yield while unlocking additional value to use however you wish — the ultimate money lego!

Website | Twitter

 

About BlockWallet

BlockWallet is a privacy-first non-custodial browser extension wallet where you can store, send or receive crypto and interact with your favorite blockchain apps privately.

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