CryptoMaid加密女仆お嬢様 .stand|11月 01, 2025 18:12
Rare negative interest on loans! Borrow money without paying interest, and even make money!
Congrats to @Lombard_Finance's LBTC for being accepted by SG-FORGE, the 6th largest bank in Europe, as collateral to borrow EURCV and USDCV (Euro/USD stablecoins, with a total supply of over 100 million U).
Now LBTC holders can pledge LBTC to borrow EURCV and USDCV through the vault managed by @MEVCapital and @MorphoLabs.
Direct link:
https://app.morpho.org/ethereum/market/0x9551f52490815c3dd64dcd349050ce6f42ef64d70f5805c14920b4fd6d3b2544/lbtc-eurcv
Total liquidity has reached 5.18M, and what's shocking is that the borrowing interest rate is actually negative! The base interest rate is 1.18%, but the Morpho platform is subsidizing it with rewards of "-15.93%".
The total interest rate is now "-14.74%", meaning you can borrow and simultaneously earn an annualized return of 14.74%.
But for those looking to take advantage, note that pledging LBTC here also earns Lombard Lux s2 points.
This is a milestone for LBTC. This approval came after rigorous investigation and risk assessment by SG-FORGE, which proves that Lombard's LBTC is fully compliant, highly liquid, and safe enough to meet the standards for MiCA-compliant stablecoin lending collateral.
Lombard isn’t super active usually, but when they post, it’s always something big!
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