05/19/2022
We know that the ongoing crypto market volatility is worrisome, but rest assured that DimeFi has your back through these turbulent times. That's why we're sharing four product improvements with you.
To summarize the changes:
1. We've removed Anchor Protocol as our lending partner as of May 9, 2022. Fund deposits and withdrawals are operating as normal.
2. We will delist the Terra (LUNA) token on May 18, 2022.
3. We are adding reputable institutional borrowers to further diversifying our asset lending and reduce risk significantly amid market volatility. As we improve asset security, USDC interest rate will be adjusted to 6% APY, effective on May 20, 2022 at 5 pm PDT.
4. We have been investing heavily in DeFi risk control technologies. The recent market volatility has proved the importance of this strategy and we will be doubling down on our investments in leveraging technology to mitigate the DeFi risk even more effectively.
To learn more, please visit:
We know that the ongoing crypto market volatility is worrisome, but rest assured that DimeFi has your back through these turbulent times. That's why we're reaching out to share four product improvements with you.To summarize the changes:1. We've removed Anchor Protocol as our lending partner as of M...