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A first for onchain FX: the Turkish Lira carry trade, now live on Mega.
The wiTRY/USDm lending market is live, allowing borrowing USDm against wiTRY collateral. Along with it the EM USDm vault curated by @Featherlend is up and running, accepting USDm deposits.
The wiTRY/USDm lending market is live, allowing borrowing USDm against wiTRY collateral. Along with it the EM USDm vault curated by @Featherlend is up and running, accepting USDm deposits.
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BRIX@brix_money · Jul 29Introducing the first onchain FX carry market: wiTRY-USDM.
Starting today, use wiTRY as collateral to borrow USDM through the @Morpho market deployed by @Featherlend, powered by @megaeth.
wiTRY is a Turkish Lira yield-bearing coin that enables access to the carry trade.
The
Starting today, use wiTRY as collateral to borrow USDM through the @Morpho market deployed by @Featherlend, powered by @megaeth.
wiTRY is a Turkish Lira yield-bearing coin that enables access to the carry trade.
The
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