Decentralized lending protocol ForTube announced that they will reach strategic cooperation with the decentralized pricing oracle NEST Protocol in the field of collateral lending. BSC version innovation sector will officially launch NEST assets at 14:00 BST on August 24 for lending business. Users can choose to deposit NEST into ForTube to earn interest or lend NEST as a pledged asset to other assets. The relevant interest rate is determined by the algorithm supporting instant deposit and loan.
The ForTube system is based on smart contracts and smart algorithms, supports ETH, BSC, Polygon, OEC multi-chain, and will support more cross-chain assets; Through the cooperation with ForTube, NEST NEST will provide users with a more advantageous synthetic asset solution, a wider variety of investment exposures and product experience with better liquidity.