ApeCoin has an isolated lending market on Silo Finance now

Hello everyone,

This is Aiham, one of the founding contributors for Silo Finance.

This morning we launched our risk-isolating lending protocol on Ethereum, listing an isolated money market for ApeCoin. ApeCoin holders can deposit in the market and make them available to borrowers. Borrowers will use ETH as collateral to borrow ApeCoin.

The ApeCoin market is risk-isolated and doesn’t share risk with other markets. This is a major improvement on other lending markets where all token assets share one pool by design.

We invite the ApeCoin community to try the Silo lending application at the following link:

Thank you!


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