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Securities finance technology news | Decentralised finance platform ADD.xyz launches low-fee crypto lending

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DeFi hub ADD.xyz has launched +Earn V3, a cryptocurrency lending platform that significantly reduces fees and allows users to earn the best interest rates on their lent stablecoins across multiple Decentralized Finance (DeFi) platforms.

Crypto holders select the lending protocol they wish to use and the cryptocurrency they want to deposit on the platform. The cryptocurrency automatically enters the selected protocol’s lending contract and automatically starts accruing interest.

The entire flow and smart contract automation are secured with regular stress tests and smart contract audits conducted by partnered organisations.

Users can earn interest rates on stablecoins — cryptocurrencies backed by an asset, most often a fiat currency — such as USDC, USDT, BUSD, DAI and altcoins like MKR and CRV across Aave, Compound Finance, Yearn Finance, Fulcrum, and MakerDAO DeFi platforms, with more tokens to be added in the…

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