I’ve been providing stablecoins LP’s on PancakeSwap for a while now but I’m tired of only 15% APR. Apparently, there’s this one project I came across that allows you to borrow up to 90% of your LP’s collateralized in $USDFL (the stablecoin of freeliquid – soft pegged to the $, just like MakerDAO). Atm it has literally 0% APR and you basically borrow funds free of interest and reinvest the loans in LP’s for optimal yield.
I hope it comes on BSC soon, this could mean big things for the chain. I’m personally tired of the excessive fees on the ERC-20 network.
I found about it on this article: [https://www.globenewswire.com/news-release/2021/04/05/2204444/0/en/Liquidity-Backed-Lending-Protocol-Freeliquid-Expands-to-Curve-Finance-and-Binance-Smart-Chain.html](https://www.globenewswire.com/news-release/2021/04/05/2204444/0/en/Liquidity-Backed-Lending-Protocol-Freeliquid-Expands-to-Curve-Finance-and-Binance-Smart-Chain.html)