The lending protocol 2.0 of Cheese Bank was launched, and the total borrow exceeded US $1 million in 24 hours

On October 16, the lending protocol 2.0 of Cheese Bank, was launched. The lending service and the innovative liquidity pool (LP) token as collateral mechanism was launches, as well as the second stage of yield-farming. In less than 24 hours, the total borrow amount of Cheese Bank exceeded 1 million US dollars, which was warmly supported by users. At present, the price of Cheese token is at US $0.26, which still has a large space for increase compared to other lending platforms.

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