@v

How does lending work? Lending uses Steakhouse's "Prime USDC" strategy. Borrowers must post collateral in Bitcoin or Ethereum (prime assets) in order to borrow USDC, and if the value of the collateral falls it is liquidated at the loan is repaid. The rates will fluctuate based on market demand and can go higher than 5% or lower. You can withdraw at any time. There is always some risk to your funds when lending, so think about whether this is right for you. The strategy might be too risky, the contracts may have a bug or the mechanisms to liquidate collateral may fail and so on. We've chosen one of the safest strategies available to minimize risk and work with the same teams that Coinbase uses for their lending product to minimize contract and execution risk.

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