PANews October 14 news, according to Base's official website and official X account, Ethereum L2 network Base has launched the Earn & Borrow solution, providing the platform with an end-to-end technology stack that enables it to offer eligible users floating-rate stablecoin yields and crypto asset collateralized loans based on Base infrastructure and third-party lending markets. The yield users earn from depositing stablecoins such as USDC mainly comes from interest paid by borrowers on overcollateralized loans, and can be integrated with lending protocols such as Morpho and Aave. According to the official website, the average yield on USD stablecoins in Base lending markets is 4.45% (excluding incentives).
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