dForce will soon launch a multicryptoasset and lending protoco | Top DeFi

dForce will soon launch a multicryptoasset and lending protocol

Decentralized financial protocol dForce (DF) announced that "in the near future" it will launch a lending protocol with multiple cryptocurrency collateral and credits, which could create a protocol with redundant collateral for multiple cryptocurrencies over a common lending protocol and combine it all with a partially secured algorithmic stablcoin. And this is no joke.

According to Mindao Yang, one of the most important launches for dForce (DF) this year is on the way: lending + multi-currency collateralized stablecoin + algorithmic stablecoin with fractional reserve.

He said that the launch will consist of several stages. The first phase will be a lending protocol that provides advanced risk modeling factors such as:

→ LTV ratio for leveraged assets.
→ Loan/delivery constraint
→ Offchain monitoring setup