Kabu Markets Enable USD Coin Loans Against Uniswap Governance Token
Photo: TokenPost
Uniswap’s governance token, UNI, is eligible as collateral in Kabu’s USD Coin (USDC) markets, allowing holders to borrow USDC through the platform’s lending markets without selling their tokens. Borrowers pledge UNI and receive USDC against those holdings. This gives users access to USDC while retaining their UNI. John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.
Source: TokenPost
