On August 29th, Kamino wrote on X that the global PYUSD borrowing limit on the platform has been raised to 20 million US dollars, which means that users can use any collateral asset to borrow. It is worth noting that the borrowing rate of PYUSD is not affected by the size of the loan.
In addition, the PYUSD borrowing limit on the EthenaLabs market has also been raised to $10 million.
Kamino increases the global PYUSD borrowing limit to $20 million
2024-08-29 05:18:55
29 message kamino post representation platform global pyusd borrowingdesk3cryptocurrencydesktopCrypto News
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