Crypto攻城狮|Sep 26, 2026 07:49
Meme can now be used as collateral for loans—this direction is pretty interesting.
@loanmeme just released their protocol documentation. Simply put: you can deposit supported Meme tokens as collateral, borrow stablecoins, then repay the principal, interest, and fees to unlock your Meme tokens.
The documentation clearly explains key rules like health factors, interest rates, fees, and liquidation mechanisms. Plus, the protocol's revenue is planned to be used for LOAN token buybacks in the future.
Previously, Meme tokens were mostly about trading and speculation. If a lending scenario can truly be added, it essentially gives Meme assets another use case, which is why I think this is worth keeping an eye on.
For now, the team has specifically reminded everyone that the LOAN token and protocol haven’t officially launched yet. Be cautious of any tokens claiming to be official out there.
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