《What Does the Fed's Rate Cut Mean for On-Chain Lending?》 (Authors: Ethan Chan & Hannah Zhang; Translated by: Deep Tide TechFlow) The Fed's rate cut doesn't necessarily directly boost the crypto market, but it has a profound impact on the structure of on-chain lending. On one hand, declining traditional yields drive capital to chase DeFi returns, temporarily pushing up on-chain rates on platforms like Aave. On the other hand, in the long term, overall borrowing costs decrease, and on-chain rates follow suit. Overall, the rate cut is gradually reshaping the DeFi lending ecosystem through mechanisms like narrowing spreads and lowering yields. Read more: https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=47&id=50837