Sasha Ivanov Blockchain Waves Stablecoin Liquidity Sasha Ivanov

Waves community back DeFi revival plan for Vires.Finance

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cointelegraph.com

The Waves (WAVES) community has supported a governance proposal to revive the decentralized finance (DeFi) lending protocol Vires.Finance after its liquidity crisis.

The vote aims to stabilize the project and compensate the users who were affected. In April, Neutrino (USDN), a stablecoin running on the Waves platform, depegged from the dollar.

Read more on cointelegraph.com
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