Meme used to be more about speculation, but now people are starting to turn it into a truly usable on-chain asset. The loan protocol from @loanmeme is now live, allowing you to directly use Meme assets as collateral to borrow stablecoins. I think this direction is pretty interesting. For many Meme players, the biggest pain point is: you’re bullish on a coin and don’t want to sell, but you still need liquidity. Now, if you can get stablecoins through collateral, it’s like having an additional way to manage funds without having to sell your Meme holdings just to get cash. Of course, Meme itself is highly volatile, so when doing collateralized lending, you need to be mindful of liquidation risks—don’t over-leverage. LOAN is also launching soon, so you might want to keep an eye on the progress behind this protocol. https://app.(loanmeme.io)