BlockBeats News, March 5th. According to official sources, Solana-based lending protocol Loopscale announced that LP tokens from Orca and Raydium can now be used as loan collateral. Loopscale's order book architecture allows each position to be priced based on its own terms, rather than being part of a centralized lending pool model.
Through this credit market infrastructure, over $1 billion in yield farming liquidity can be unlocked. The system is able to independently assess and price each LP based on variables such as price ranges, fee tiers, underlying assets, and more.
