BNB Chain loan Agreement Venus added support for Floki Token as collateral
According to BlockBeats, February 24, Floki developers have announced that Shiba Inu themed Floki tokens will soon be available as collateral, Used to borrow a basket of cryptocurrencies on the Venus Protocol for lending on the BNB Chain.
Venus will integrate FLOKI into its Isolated Money Markets, thereby allowing FLOKI holders on the BNB Chain to use their FLOKI tokens as collateral, borrowing from USDT, USDC, BNB and a basket of other cryptocurrencies. This allows FLOKI holders easy access to liquidity without having to sell their tokens. The FLOKI integration process on Venus has already begun and is expected to be completed in March.
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