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THORChain: liquidation-free lending program to be launched in Q1 2023

BlockBeats news: On December 20th, THORChain, a decentralized cross-chain trading protocol, announced that it would launch liquidation-free lending projects in 2023 Q1. Because the collateral gains equity in the system, a decline in the value of the collateral reduces the overall liabilities of the system, according to THORChain.

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On-Chain Activity

1h ago

A whale with cumulative profits of $14.22 million took profits on a $26.14 million ETH long position and once again placed ETH buy orders.

3h ago

Riding a near $1 million unrealized gain on "Niu Lai" with a single token, a smart money address turned around and dumped $780,000 worth of "Binance Life."

4h ago

XXAntiWar Secures Another "Clean Sweep": Closes PONS Long and ZEC Short Positions, Rakes in $114,000 in a Single Day

4h ago

Morgan Stanley's MSBT increases its BTC holdings by $4 million, with cumulative inflows exceeding $50 million over two weeks.

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