Vires Finance is a decentralized non-custodial liquidity protocol based on Waves blockchain, where users, wallets, and dapps can participate as depositors or borrowers. Depositors provide liquidity to the market to earn a passive income, while borrowers are able to take a loan in an overcollateralized manner.Vires Finance utilizes common pool-based mechanics where all the funds deposited participate in interest-bearing activities equally. The greater the demand for borrowing an asset is, the greater APY lenders get in return.

Vires Finance

Vires Finance is a decentralized liquidity protocol for the Waves blockchain

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%name%: Latest News, Social Media Updates and Insights

FTX has filed a lawsuit against Binance Holdings Ltd. and its former CEO, Changpeng Zhao, to recover approximately $1.8 billion. The FTX estate alleges that this amount was illegally transferred by FTX’s former head, Sam Bankman-Fried. The lawsuit details a July 2021 stock repurchase transaction between Binance and FTX’s co-founder, Bankman-Fried. In this agreement, Binance […]
The post FTX Sues Binance and CZ for $1.8 Billion; Alameda Research Targets Waves Founder appeared first on Coin...

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FTX Sues Binance and CZ for $1.8 Billion; Alameda Research Targets Waves Founder