Creditum is a lending and borrowing protocol within the Fantom Ecosystem that allows users to borrow (or mint) cUSD, a stablecoin pegged at $1 USD, by posting different tokens as collateral. With access to cUSD, users are able to earn an annualized percentage yield (APY) on available farms to earn CREDIT and gain access to other benefits as future projects are launched.Users can farm Creditum (CREDIT) governance tokens by supplying liquidity to the following 2 pools at launch. By supplying liquidity in either one or both of these pools, users can take advantage of their existing assets to earn additional capital:<ul><li>CREDIT-wFTM Spooky pool&nbsp;</li><li>cUSD-2pool Curve pool.</li></ul>

Creditum

Creditum is a lending and borrowing protocol within the Fantom Ecosystem

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Popular decentralized finance (DeFi) platform MakerDAO has blocked US-based users’ access to its lending platform Spark Protocol. However, it remains unclear when Spark Protocol implemented this measure to restrict US users. Extra Efforts To Restrict US Users? In what seems to be an effort to enable the implementation of the ban, Spark Protocol has also […]

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US Crypto Traders Take Another Hit As MakerDAO Blocks Access To DeFi Lending Platform