Compound launches Base network, supports ETH and cbETH as collateral

08/15 09:50

DeFi lending platform Compound has launched on the new Ethereum Layer 2 Base, supporting ETH and cbETH as collateral. Jared Grey, CEO of decentralized exchange SushiSwap, also stated that SushiSwap V2 will deploy on Base due to project requirements, with V3 already deployed on the network. Further communication on this move is expected this week.
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