BNB

Stader's BNBx : Now a Recognized Collateral on Venus Isolated Pools

by BSCN

July 28, 2023

chain

The collaboration allows users to stake their BNB and participate in lucrative DeFi yield farming options, signaling a new era in DeFi.

Expanding DeFi Horizons: BNBx Paves the Way for Unprecedented Borrowing Opportunities

In a trailblazing move in the world of decentralized finance, Stader's revolutionary liquid staking derivative, BNBx, is now listed as collateral on Venus Isolated Pools. This strategic alliance unlocks a whole new spectrum of financial possibilities, marking a new era in the expanding DeFi landscape.

Leveraged Staking and Beyond: BNBx in the Venus Ecosystem

BNBx, a leading LSD for BNB, stands at the forefront of advancing the functionalities of BNB. 

By incorporating BNBx into its platform, Venus has seized a great opportunity to accelerate its growth while enhancing user experience.

The integration of BNBx into Venus's lending/borrowing matrix instills a sense of limitless potential for DeFi users.

Users now have the opportunity to grab DUAL REWARDS! 

You earn Rewards on supplying BNBx as well as borrowing against it. Yes, that’s correct!

  1. Up to 12.5% on supplying
  2. Up to 4.1% on borrowing

With BNBx supplied as collateral on Venus, users can now earn staking rewards on their BNB, and at the same time, take part in lucrative defi yield farming options such as leveraged staking strategies.

An Exclusive Window of Opportunity: Grab Extra Rewards Now!

To celebrate this partnership, Stader is offering an exclusive incentive for early adopters - a whopping 6400 SD in extra rewards for the first 30 days. Yes, you heard it right. This unparalleled opportunity is available right now, but only for a limited time. The clock is ticking, so don't let this chance slip through your fingers!

Unlocking New Potential with High LTV and Supply Cap

And if that's not enough to get your adrenaline pumping, there's more! The new BNBx collateral comes with an impressive loan-to-value (LTV) ratio of 87%. Furthermore, it boasts a current supply cap of 9600 BNBx, promising a highly lucrative opportunity for those who want to dive in.

This ground-breaking integration sets a high bar in the crypto market, demonstrating the potential of DeFi tools when combined with strategic partnerships.

Seize the Moment: Add Liquidity to the BNBx Isolated Pool Today!

With such unprecedented opportunities at your fingertips, it's time to overcome hesitation and dive headfirst into this exciting new venture. The clock is ticking, and with the supply cap set at 9600 BNBx, this opportunity is not going to last forever. The early bird gets the worm, and in this case, the worm is a chance to be part of the BNBx revolution.

Now is the time to add liquidity to the new BNBx isolated pool. Hesitate, and you might just miss the DeFi boat. Remember, this exclusive opportunity is capped at 9600 BNBx, and they're going fast.

Join the financial revolution today. Get in on the BNBx action. After all, why should you watch from the sidelines when you could be in the game? 

Stader links: Website | Twitter | Telegram 

Disclaimer: This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $450. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.

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