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Taiko Teams Up with MeridianFi for Lending Protocol

source-logo  blockchainreporter.net 17 August 2024 13:35, UTC

Taiko, an Ethereum-based permissionless rollup, shares the news to team up with MeridiaFi. Through this partnership, the Taiko community will possess an advanced lending protocol that shares the borrower interest along with its staking pool.

We are happy to announce a partnership with @MeridianFi.

Taiko community will now have a lending protocol that distributes interest borrowers pay to its staking pool. https://t.co/st849xp55D

— Taiko 🥁 (@taikoxyz) August 16, 2024

Both Taiko and MeridianFi have shared this strategic collaboration on their social media X platforms and informed the users about the outcomes of this collaboration. This collaboration ultimately benefits both FinTech firms and the users as well.

MeridianFi Makes Weekend Sweeter for Its Users by Sharing the Collaboration with Taiko

MeridanFi, a decentralized stablecoin, perpetual, lending and borrowing protocol, reaches the weekend with new updates for its community. And to make the weekend sweeter, MeridianFi shares the latest partnership Taiko with its user through X official account.

MeridianFi assures its community about the benefits of collaborating with Taiko. Meridian Lend has now launched on the Taiko ecosystem and now Meridian users can borrow and lend digital assets on the Taiko network. On the other hand, the Taiko community would be able to access the lending protocol that shares the borrower interest with the staking pool.

This Partnership Facilitates Users with Lending & Borrowing Opportunities

As MeridianFi teams up with Taiko, Meridian Lend will facilitate a seamless and reliable connection between the users. Through this connection, all the users will be open to lending and borrowing opportunities. This partnership makes it easier for the investors to borrow or lend against the whitelisted crypto assets, giving them access to a range of new investment opportunities.

blockchainreporter.net