Aave has integrated METIS as collateral on the L2 network Metis
According to CoinDesk, Aave has integrated METIS as collateral on the Ethereum Layer 2 network Metis. Users can now borrow based on their METIS holdings at a loan-to-value ratio (LTV) of 30%, thus obtaining liquidity without selling METIS. This feature leverages the faster and cheaper transaction advantages of the Metis network compared to the Ethereum mainnet, improving capital efficiency and providing users with greater access to financial tools.
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