Cheese Bank Lending Protocol 2.0 officially launched, an innovative LP token as Collateral mechanism is released
10-16 Cheese Bank
The version 2.0 of Cheese Bank lending protocol officially launched at 04:00 PM on October 15, 2020（GMT）. With immediate effect, Cheese Bank will launch the lending service and the innovative liquidity pool (LP) token as collateral mechanism, as well as launching the second stage of yield-farming. Up to now, the maximum Total Value Locked (TVL) on Cheese Bank contract has reached 13 million US dollars, the innovative mechanism has been reported by Yahoo Finance, PR News Agency, and CoinSpeaker etc.