🛸Saga Multichain DeFi Launch🛸 We are honored to have deployed the infrastructure making this possible. This wasn’t a solo mission. It took multiple teams coming together to execute this vision, with Alphagrowth at the helm partnering with Saga to bring this to life. The “Multichain Velocity DeFi” is now live on the @Sagaxyz__ ,driven by its new Liquidity Integration Layer, designed to solve liquidity fragmentation across blockchains.
These protocols are now operational, working in tandem: @steerprotocol (Automated Liquidity Management): It serves as the Automation Engine for the ecosystem. It allows users to deposit funds into smart pools that automatically manage and rebalance liquidity positions. This helps users maximize their yields and capital efficiency without needing to manually adjust their positions to track market movements. @ColtProtocol: the Stablecoin Engine of Saga, a stablecoin protocol where users can mint crispy new Saga dollar $D, which is fully backed with yield bearing tokens. @MustangFinance - the Collateral Engine of Saga, a composable credit protocol (built on @LiquityProtocol V2) that allows users to borrow and leverage assets efficiently within the Saga ecosystem.
511
1
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.