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The first version will support five digital assets, including ETH and USDT

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The DForce interest-bearing market will also integrate the DForce Lending Agreement (DIP006) as one of the underlying strategies.

Rhythm BlockBeats News, March 1 & NBSP; DForce announces the launch of the first version of the Lending Agreement. The dForce lending agreement adds the overcollated multi-currency agreement to the common global pool model, allowing users to overcollate stablecoin loans denominated in different foreign currencies (to be released in the second version).

In order to achieve the maximum protocol security and stability of dForce lending in the first version of the agreement, on the basis of the universal decentralized loan agreement (including the global fund pool, excess mortgage, the basic function such as dynamic interest rate), will adopt a more conservative risk parameters (lower borrowing limits, deposit ceiling, etc.), according to risk management.

The second version of DForce's innovative core feature, the Multicurrency Stable Debt (MSD), will allow users in different countries around the world to use DForce Lending to generate stablecoin loans denominated in different foreign currencies, effectively hedging foreign exchange risks. A second version of the DForce Lending Agreement is expected to go live in April and will also add support for flash lending.

Public-private pools, fixed rate/fixed term loans, unsecured loans, line sharing and more are planned for release throughout the year (expected to be available in Q2).

According to the risk assessment framework of DForce, before adding new assets or collateral assets, DF currency holders are required to conduct a governance vote through the Snapshot system and reach a final decision. The first version of the DForce Lending Agreement will support the following five digital assets:

WBTC

ETH

USDC

USDT

DAI

At the same time, the DForce interest-bearing market will also integrate the DForce Lending Agreement (DIP006) as one of the underlying strategies to provide financial support for it.

Security Audit & AMP; Defi Insurance Services

DForce Lending has completed code security audits and formal validation by Certik and Certora, and is hiring two of the world's top five auditors to conduct further security audits (including the second version) of the loan agreement.

dForce 也正在与 NexusMutual、Soteria 等多家知名的去中心化金融保险公司进行积极的沟通，为 dForce 用户提供进一步的智能合约保险服务。

About dForce

DForce is committed to building an integrated and interoperable matrix of open financial and currency protocols, including DForce Lending Protocol, Asset Class Protocol (DToken, USDX, GolDX), and Liquidity Protocol (DForce Transaction Aggregator).

DF currency holders can collectively vote on changes to the protocol through the Snapshot governance system. Welcome to the dForce forum for discussion.