Savings

Why is the interest on USDT so high? Why is the interest on USDT so high? This

On March 15th, according to official news, dForce announced the resumption of the service of casting USX through LSR, and users can already save USX into dForce Lending. DForce Announces Resumption of USX Foundry and Deposit Services Analysis based on this information:dForce, a decentralized finance (DeFi) platform, has resumed casting USX through LSR as of March 15th. This official news signals the reopening of the opportunity for users to save their USX into dForce Lending. To better understand this message, it is important to contextualize it within the world of blockchain and DeFi. dForce, which stands for decentralized finance, is a blockchain-enabled platform that enables users to access a range of financial services in a decentralized, peer-to-peer network. One of the features that dForce offers to its users is the ability to save their assets (in this case, USX) through LSR. LSR refers to the Liquidity-Sensitive Rate, which is a unique savings protocol used by dForce. This protocol employs a…