Noon and Euler Finance reach cooperation to launch Noon Market on Euler

This article is machine translated
Show original

According to Foresight News, the yield-generating stablecoin Noon has reached a collaboration with the DeFi lending protocol Euler Finance, launching the Noon Market on Euler, governed by Tulipa Capital. The initial market includes three Vaults: USN, USDT, and USDC, supporting users in lending and yield strategies using the USN stablecoin. Users can borrow USN by using other Euler market assets as collateral, or directly borrow USDC by using USN as collateral. Some Vaults will provide rEUL rewards, which will be fully unlocked after 6 months of claiming, or users can exit early and receive partial rewards.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments