The meme tokens that shined in the 2021 bull rally continue to be popular in the current market.
Last move as many platforms accept meme tokens BNB came from Venus Protocol, the second largest lending protocol of the chain.
According to the news of Coindesk, Venus Protocol as a loan guarantee Floki Inu (FLOKI) will accept tokens.
Floki developers announced in a statement that Floki Inu tokens on Venus Protocol cryptocurrency He said it could be used as collateral for a loan.
With this collaboration, Venus Protocol will integrate FLOKI into isolated money markets.
Thus, in the BNB chain FLOKI holders will have the opportunity to borrow a basket of USDT, USDC, BNB and other cryptocurrencies while using FLOKI tokens as collateral.
Floki developers “This allows FLOKI investors to easily provide liquidity without having to sell their tokens.” said.
The developers also added that the FLOKI integration process on Venus Protocol has begun and is expected to be completed within March.
After this integration, Floki investors will be able to borrow and borrow seamlessly on Venus Protocol while using their FLOKI tokens as collateral.
*Not investment advice.
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