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- 🌕 Gate Square · Creator Incentive Program Day 8 Topic– #XRP ETF Goes Live# !
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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas, - 🚀 Gate $PUMP Futures Trading Challenge is Now Live!
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Announcement link: https://www.gate.com/announcements/article/47104 - 🌕 Gate Square · Mid-Autumn Creator Incentive Program is Now Live!
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📅 Ends at 16:00, Sep 17 (UTC)
The Maple cryptocurrency lending protocol integrates EtherFi's weETH as collateral.
The cryptocurrency lending protocol Maple has added weETH from EtherFi as collateral for its on-chain lending platform. This integration allows eligible borrowers to access USDC loans and receive ETHFI rewards. Maple is a decentralized credit protocol that connects borrowers with lenders through on-chain liquidity pools.
The platform will encourage new weETH pools by offering a 2% APY cashback in ETHFI for the first 50 million USD in loans. These loans will be over-collateralized, have a term of 2 months, and require a minimum size of 5 million USD.
weETH, with a circulating supply of 5.3 billion USD, is a popular asset in DeFi for staking, used to secure many protocols such as Aave.