Heco lend G-Token adds G-USDC/G-BCH/G-MDX and other tokens
Dear Golff Users:
Golff Heco Lend G-Token will launch a new collateralized lending pool for G-USDC, G-MDX, G-DOT, G-UNI, G-FIL, and G-BCH at 22:00 (GMT-4) on November 25, 2021. Users can deposit these 6 G-Token assets into the Heco Lend and borrow against this collateral, and the borrowed funds can be re-deposited into the Vault or used in other ways to gain additional revenue.
At the same time all G-Token collateral can get additional GOF mining rewards, the original G-Token Farm pool rewards will all be transferred to the lending collateral rewards.
Noted:
- G-Token lending collateral rate is 10%
- G-Token currently only supports collateral deposit, not lending.
To participate: https://golff.finance/#/lendMarket
Tutorial: https://docs.golff.com/#/GTokenLend
How to Participate: Click on the Heco Lend, then click on Market and go to G-Token to participate
G-Token collateralized lending is the first product launched by Golff Finance, which uses Vault credentials (G-Token) as collateral for lending. It is a new model of Vault+lending revolving combination mining. G-Token is the equity credential Token of Golff Vault, and users can deposit G-Token into the Lend pool to collateralize and lend out any assets. The borrowed funds can be re-deposited in the Lend pool or used in other ways to obtain additional revenue. The borrowed funds can be re-deposited into the Lend pool or used for additional income in other ways, thus achieving “leverage” and multiple income combinations.
About Golff
Golff is dedicated to create a light, open and free financial world. Established in 2020, Golff is positioned as a one-stop crypto bank that goes beyond being a DeFi aggregator platform. Officially launched liquidity mining on 9/9/2020, Golff currently supports multiple wallets such as BitKeep, imToken, Tokenpocket, etc. The main governance token GOF has been listed on 20+ mainstream exchanges including Huobi, Gate.io, MXC, Uniswap, PancakeSwap, MDEX.
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