Defactor Launches Liquidity Pool on Base.org to Empower Web3 Enterprises
Dublin, 28/06/2024– Defactor, a leading provider of innovative financial solutions for the Web3 ecosystem, is thrilled to announce the launch of its new lending pool on Base.org. Base is an Ethereum Layer 2 (L2) chain designed to offer a safe, low-cost, and developer-friendly environment for building on-chain applications.
Base combines the underlying security of Ethereum with the best practices of Coinbase. This integration ensures the security and scalability needed to support decentralised applications, making it an ideal platform for Defactor’s liquidity pool initiative.
Defactor’s new pool aims to provide Web3 businesses with access to flexible and secure financial solutions. By leveraging the infrastructure of Base, Defactor can offer its clients a reliable and efficient way to manage their financial needs in the dynamic digital economy.
“We are excited to collaborate with Base.org to launch our lending pool,” said Adam Bouktila, Co-Founder at Defactor. “This initiative aligns with our mission to empower Web3 enterprises with the tools they need to navigate and thrive in the digital financial landscape."
About Base
Base is an Ethereum Layer 2 (L2) chain built on the OP Stack in collaboration with Optimism. It offers a safe, low-cost, and developer-friendly way to build on-chain, leveraging Ethereum’s security and Coinbase’s best practices to power decentralised applications.
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