Total Value Locked (TVL) of yield-farming on Cheese Bank exceeded 10 million US dollars
October 13th, the Total Value Locked (TVL) of yield-farming on Cheese lending protocol of cheese bank, a decentralized digital bank, exceeded US $10 million. At present, the price of Cheese is 0.67 U.S. dollars, and there is still a large space for increasing. The first stage of yield-farming on Cheese lending protocol will end on October 15. In the second stage, the lending service and mechanism of “LP tokens as collateral” will be launched soon, and the system will will readjust the reward for the release of cheese token, 40,000 cheese tokens will be released per day. Yahoo Finance, PR News Agency, and CoinSpeaker etc. made extensive reports on the innovation mechanism of Cheese Bank a few days ago.
*Investment suggestion: cheese bank has passed the slow fog technology smart contract security audit, and the audit result is fully passed.