RedStone Oracles power HyperLend lending protocol on Hyperliquid EVM

RedStone Oracles power HyperLend lending protocol on Hyperliquid EVM

HyperLend has integrated RedStone’s modular oracle protocol to ensure secure and reliable price feeds for its lending operations. Modular oracle protocol RedStone (RED) now powers HyperLend, the first lending platform built on Hyperliquid (HYPE) Ethereum Virtual Machine. This integration enables HyperLend to securely operate its lending platform with reliable and accurate price data from RedStone. … Read more

Africa Crypto Week in Review: Kenyan Youth Urged to Join Binance Academy, Cameroonian Digital Lending Platform Explores Stablecoins as Memecoin Group Hacks South African Parliament

Binance Kenya is pushing education, Azamra tap stablecoins for lending in Cameroon crypto, meme coin stunt disrupts crypto Africa. Educational efforts by Binance, a crypto giant and fintech lending firm in Cameroon crypto industry, and outrageous SA meme coin promotional attempts made headlines. Such is the breadth of weekly events that can unfold in the … Read more

Under-Collateralized Lending in DeFi: Over-Collateralization Barrier

Under-collateralized lending in DeFi concept

The Problem with Over-Collateralization Most DeFi lending platforms work on over-collateralization. Borrowers must deposit assets worth more than the loan amount to secure a loan. This model protects lenders from defaults. But it also limits DeFi lending to those who already own significant crypto assets. Issues with Over-Collateralization: Excludes Many Users: Users without large crypto … Read more