Entangle

Entangle

Entangle - $5,000(full) -

  • “Entangle unlocks increased liquidity for AAVE utilising synthetic vaults/replications made available on non-native chains. With each Synthetic Asset backed by physical collateral, Entangle allows users to borrow EnUSD against their synthetic yield bearing collateral. As a result, this increases “stickiness” of liquidity provided to AAVE, whilst maximising yield options for users. Additional innovative use cases to cement liquidity within AAVE vaults are to be announced. A win:win:win for Aave, Entangle and DEFi Users!”
  • funds will pay for part of Aave synthLP lending/borrowing pools (backed 1:1 by liquidity deposited into Aave pools) on every chain integrated within Entangle