On Yavin Profile picture
Managing Partner at https://t.co/00ghQKcD87 / Co-Founder at https://t.co/LbHrhqurvo - focusing on web3 architecture and R&D, economics and startup venture building.
Sep 2, 2019 9 tweets 3 min read
With the recent announcement by @binance (binance.com/en/support/art…) that it is entering the crypto lending space, offering users up to 15% APR on their crypto by lending it to margin traders looking to leverage their positions - Binance has once again, quietly one-upped themselves on the silent war they have been raging on @ethereum for the past few months. Binance debuted the margin lending feature with 3 coins in their offering: BNB, USDT and ETC. Many were surprised to hear that alongside the obvious offering of BNB and USDT,