⚡️ @TrenFinance has introduced $XY, its synthetic dollar debt token

Tren Finance rolls out #XY, its synthetic dollar debt token backed by overcollateralized loans. The token was built using @LayerZero_Core's OFT standard, allowing XY to be transferred across multiple blockchains without asset wrapping. Users can mint XY through isolated modules on Tren Finance or buy XY on DEXs and earn yield through adding to XY liquidity and insurance pools. Tren Finance is the first Liquidity (re)Enabling Protocol that brings capital efficiency to #DeFi through composability.

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