USDT.e Will Be Added to the Crypto Sector

One of the favorite features of Vee.Finance by the community is that there are 2 separate lending sectors, Crypto and Stable Coin. Each sector has different parameters, suited for different lending needs.

Vee.Finance will add USDT.e to the crypto sector. At that time, users will be able to supply AVAX, WBTC.e, or WETH.e in the crypto sector to borrow USDT.e or supply USDT.e to borrow AVAX, WBTC.e, or WETH.e.

The current collateralization rate of all tokens in the stable coin sector and value sector is 90% and 60% respectively, so the collateral rate of USDT.e in the crypto sector will be set at 60%. The current mining rate of AVAX/WBTC.e/WETH.e will not be impacted.

About Vee.Finance

Vee.Finance is a DeFi lending platform for traditional financial and crypto users. We are committed to bridging the gap between traditional finance and DeFi and providing users with better digital asset management services. Our mission is to reduce barriers for traditional users to participate in DeFi and optimize the efficiency of global asset allocation.

Website | Twitter | Discord | GitHub | Telegram

SOURCE

https://veefi.medium.com/usdt-e-will-be-added-to-the-crypto-sector-bc0fae6c1942