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TRON's First DeFi Lending Protocol CoinSave Completes Migration
Summary: CoinSave.finance Foundation unveiled that it has completed the wholly-owned acquisition of BlockCola. TRON's first DeFi lending agreement, CoinSave, has launched a new governance framework on the TRON mainnet. The original token, Cola, can be locked in the new governance framework to participate in the mining of CoinSave.finance's agreement token Save, with the mining accounting for 15%. ...
CoinSave.finance Foundation unveiled that it has completed the wholly-owned acquisition of BlockCola. TRON's first DeFi lending agreement, CoinSave, has launched a new governance framework on the TRON mainnet. The original token, Cola, can be locked in the new governance framework to participate in the mining of CoinSave.finance's agreement token Save, with the mining accounting for 15%.
According to the official information, CoinSave is TRON's first DeFi lending agreement, and users can participate as depositors or borrowers. Depositors provide liquidity to the market to earn passive income and produce CoinSave's tokens Save, while borrowers can borrow and produce Save in the form of tokens supported by mortgage agreements.
The CoinSave protocol is fully open source and audited, allowing anyone to interact with CoinSave's user interface client, API, or directly with smart contracts on the TRON network.
Tracy Chen
Tags: DeFi,Tron
Link: TRON's First DeFi Lending Protocol CoinSave Completes Migration [Copy]
