Decentralized lending protocol Wildcat launches V2 on Ethereum

Odaily Planet Daily News: Wildcat, a decentralized lending protocol created by crypto KOL Laurence Day, launched its V2 version on Ethereum, with a deployment cost of 0.06969 ETH (about $180). Day pointed out that although the mainnet launch is going smoothly and the "quiet technical part" is basically over, it will take about a week to go online. The protocol was co-founded by Indexed Finance founder Dillon Kellar, and Evgeny Gaevoy of Wintermute joined as a "silent" partner. It is essentially an open market that enables approved borrowers to establish fixed-rate on-chain credit facilities. "Ratified borrowers" are borrowers who formally accept all the terms and conditions of the loan agreement. "We don't dictate what people can borrow, what assets they can borrow, or at what interest rate. This is a fairly free market approach," Day said in an interview. According to the white paper, the protocol has no plans to issue tokens, "please don't ask for airdrops anymore." (The Block)