A leading exchange wallet has launched Web3 lending functionality, integrated with Venus supporting over 40 assets.

【Blockchain Rhythms】 Recently, a major exchange wallet launched a new feature — Web3 Loan. In simple terms, it allows you to borrow coins directly using your assets, without the hassle of transferring back and forth.

This feature is integrated with the Venus protocol and currently supports over 40 assets. Imagine you hold a lot of BTCB, ETH, or stablecoins; now you can directly use these as collateral to borrow USDT, USDC, or BNB.

The specific supported options are as follows: on the collateral side, you can choose BTCB, ETH, USDT, USDC, FDUSD, or WETH; on the borrowing side, mainly USDT, USDC, and BNB. Liquidity mining players might enjoy this setup, as it allows for more flexible fund allocation. It is already available on the Web3 Earn page, so feel free to check it out if you’re interested.

ETH-0.54%
USDC0.02%
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GateUser-a606bf0cvip
· 12-17 11:41
Another lending feature, I need to figure out the liquidation threshold before I dare to use it. Let me see how the liquidation risk looks... Over 40 assets sound intimidating, but how's the actual liquidity? The borrowing and lending are starting to stack up; I need to control the leverage or I'll get liquidated again. Venus's liquidation history isn't very good; will there be more tricks this time? Honestly, they just want me to borrow more and play more, I'm scared. Who still dares to lend coins confidently now? Just look at the recent liquidation disasters. It's actually quite convenient, just worried about the moment liquidity dries up... Will the liquidation price be manipulated? Need to check if there's oracle risk. Over 40 assets, the bad debt risk is really not small. Why borrow USDT? It's better to just hold spot.
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MidnightGenesisvip
· 12-17 11:35
On-chain data shows that the lending liquidity on Venus can still support, but be mindful of the liquidation threshold... Looking at the code, this deployment timing is a bit interesting, it was pushed late at night.
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WalletDetectivevip
· 12-17 11:26
Another lending feature is here, really getting more competitive. It feels like every exchange is competing in this area. When borrowing coins, you need to calculate the leverage carefully; otherwise, a sudden drop could lead to liquidation. Is the Venus protocol reliable? I'm just worried that it might have issues someday. With so many assets available for collateral, the risk seems well diversified, but do you really dare to use it? Mining flexibility has increased, but what about the fees? Has anyone mentioned this?
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BearMarketBardvip
· 12-17 11:24
Another lending feature, I'm almost numb to it The crypto world’s strategies are really getting more intense, but it’s definitely convenient Collateralizing stablecoins to borrow stablecoins? Isn’t that just a nested doll? The liquidity mining crowd must be starting to tinker again Integrating Venus protocol, but it doesn’t seem to bring anything new Leverage traders are ecstatic, but the risks are coming along too Assets already in your wallet can be borrowed directly, but watch out for liquidation This update has some real features; finally, no more transferring back and forth
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SolidityNewbievip
· 12-17 11:17
Oh my god, I finally don't have to jump between a dozen apps anymore, borrowing directly within the wallet? Who came up with this idea? Genius. The lending feature seems a bit risky. How is the liquidation price set? Has anyone experienced any pitfalls? I need to re-study the Venus protocol. Over 40 assets sound like a lot, but how many actually have good liquidity? Now I can play leveraged mining, but I still think caution is necessary. How is the borrowing rate calculated? Has anyone compared it with other protocols? Honestly, integrating collateral and lending together, exchanges earn fees and attract users—yyds.
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