ChainCatcher Message, Hydration announces the launch of its decentralized lending platform Hydration Money Market. The new platform allows users to provide cryptocurrencies as collateral, earn deposit interest, and borrow various digital assets.
The platform is built on the Polkadot blockchain, emphasizing the efficiency and innovation of the decentralized finance (DeFi) ecosystem. Hydration introduces on-chain priority liquidation, a mechanism designed to minimize losses and prevent exploitation during liquidation.