OIN Finance will accept stNEAR as collateral in its stablecoin platform.
The next part of our launch on NEAR Protocol is to give utility to our main token which is stNEAR. After many of you have been asking in our Discord and Twitter, we have discussed with the Meta Pool community how stNEAR is the perfect collateral token.
Well the 😼 is out of the bag! OIN Finance will be accepting stNEAR as collateral in it’s stablecoin platform, starting on Q4 of 2021 you can now get stUSD by using stNEAR as collateral.
This will be a very important strategic partnership to give a push to the DeFi ecosystem on NEAR Protocol. Meta Pool will also be supporting stUSD for future developments.
Ask Me Anything on OIN Finance telegram.
If you have any questions regarding the partnership and want to know first hand what will be the future of DeFi on NEAR Team. Mark your Calendar for the following event.
AMA on September 23rd:
- Where: OIN Finance Telegram — https://t.me/OIN_Finance_Eng
- When: 09:00 Mexico City / 16:00 Madrid / 23:00 Seoul
We will be discussing how the partnership will benefit NEAR token holders and what opportunities can be unlocked to early collateral providers ;)
Earn $META by minting stUSD.
We will be assigning $META to collateral providers on the OIN Finance platform.
So we keep benefiting stNEAR token holders and the Meta Pool community who are staking with us, we still have 40 Million $META tokens to distribute to the ecosystem and further rewards will be distributed through our partner network.
There will be an announcement soon on the rewards that will be distributed by OIN Finance.
We are closing 2021 with a bang and it will be one to remember!
Keep on staking!
