Hydration launches decentralized lending platform on Polkadot
Hydration has launched a decentralized lending platform called Hydration Money Market. The new platform allows users to provide cryptocurrency as collateral, earn deposit interest, and borrow various types of cryptocurrency assets. The platform is built on the Polkadot blockchain and emphasizes the efficiency and innovation of the decentralized finance (DeFi) ecosystem. Hydration has introduced on-chain priority liquidation mechanisms to minimize losses and prevent exploitation during liquidation events.
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