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Wallet adds on-chain lending feature, allowing users to use BTC and Ethereum as collateral to borrow funds flexibly.
【Crypto World】Recently, a major wallet on Web3Earn launched a new feature—the on-chain lending function. This feature works quite well, directly integrated with the Venus protocol on BNB Chain.
How to use it? Simply put, the crypto assets you hold—such as BTCB, ETH, USDT—can be used as collateral to borrow USDT, USDC, or BNB. This way, your assets gain liquidity and you can explore more earning opportunities without having to sell your existing coins.
Even better, the official wallet is partnering with Venus to launch a lending promotion, which basically means rewards and preferential interest rates. For those interested in DeFi lending, this is a good opportunity. The supported collateral assets include major tokens, and the borrowed assets cover mainstream stablecoins and public chain tokens, providing plenty of options.