According to Foresight News, the Burrow protocol, part of the NEAR ecosystem, has been upgraded to version V2. The key features of this update include xBRRR collateral, the use of LP tokens as collateral, simplified leveraged trading, single token net liquidity (STNL) for new token growth, and seamless cross-chain assets achieved through integration with Stargate and Aurora.
In previous news from Foresight News, it was reported that Burrow completed a $5 million financing round in March 2022, with participation from investors such as Dragonfly Capital.