Decentralized lending protocol Wildcat launches V2 on Ethereum
Odaily News Wildcat, a decentralized lending protocol created by crypto KOL Laurence Day, launched its V2 version on Ethereum with a deployment cost of 0.06969 ETH (about $180). Day pointed out that although the mainnet launch is going well and the "quiet technical part" is basically over, it will take about a week for the full launch.
Co-founded by Indexed Finance founder Dillon Kellar, with Wintermute’s Evgeny Gaevoy joining as a “silent” partner, the protocol is essentially an open marketplace that enables approved borrowers to establish fixed-rate on-chain credit facilities. A “ratified borrower” is a borrower who has formally accepted all the terms and conditions of a loan agreement.
“We don’t dictate what people can borrow, what assets they can borrow, or at what interest rates,” Day said in an interview. “It’s a pretty free market approach.” (The Block)
