Burrow Launches LP As Collateral Feature On NEAR Ecosystem

According to Odaily, Burrow, a prominent project within the NEAR ecosystem, has announced the launch of its LP as Collateral feature. This new functionality went live on Monday at 10 PM (UTC+8), marking a significant integration with Ref.finance and initiating a 'circular' strategy within the NEAR ecosystem. This feature allows users to use LP tokens as collateral on Burrow for borrowing purposes while retaining liquidity mining rewards. This development significantly enhances capital efficiency for users. By following the 'LP—Borrow—Farming' pathway, users can maximize their asset returns.