Cavern Protocol
@CavernProtocol
Cross-chain Lending Protocol. Deposit on Osmosis NOW ! WebApp: http://cavernprotocol.com Discord: http://discord.gg/Bzau2dW9fu By @kayanskinicolas
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📢Service Announcement📢 Cavern Protocol will stop all borrowing operations starting June 25th, 2024. You won't be able to borrow or repay funds on the protocol after this date. Keep reading to learn more.
Prices are going down slowly to 80% of their actual value. Tommorow will be 60%. There are still some people borrowing, please be careful with your collaterals !
Following the plan to clode the protocol, we will soon make the collateral value 80% of their actual values.
Less and less borrows nowadays, do you want to deposit your $USDC now anon? There is plenty of yield, just come and grab it!
You can now deposit funds on Osmosis directly inside Cavern Protocol, how do you like it, tell us about your experience Osmosis users!
Depositing from @osmosiszone is now almost ready! The flow is the same as with @terra_money, you just need to wait a little more because the funds have an intense journey through @IBCProtocol. What do you think? Will you use Cavern to save from Osmosis?
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