๐ Exciting news for DeFi enthusiasts! Lido has launched wrapped stETH (wstETH) on Aave V3 BNB Chain, opening up new possibilities for users to deposit and borrow wstETH directly on the BNB Chain. This integration enhances the DeFi capabilities of the BNB Chain ecosystem, offering higher leverage and more utility! ๐
Key features:
- Supply cap: 1,900 wstETH
- Borrow cap: 190 wstETH
- LTV ratio: 72%
- Liquidation threshold: 75%
Ready to dive in? Wrap your stETH, bridge it to BNB Chain, and explore new DeFi use cases on Aave. Share your thoughts and experiences in the comments below!