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BF

Blogger at Humji Investor (www.humjiinvestor.com)

05 Apr 2021

∙

Does anybody know of a DeFi platform for the XSGD stablecoin?

I'm aware that Xfers has tokenized the SGD (XSGD) stablecoin. Does anyone know of a DeFi platform where you can lend/borrow XSGD?

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Toh Xuan Ming Arnold

05 Apr 2021

The short answer is no.

However, there is a way to earn yield on XSGD, specifically ZRC-2 XSGD. That is to provide liquidity on Zilswap.

Alternatively, you could also provide liquidity for ERC-20 XSGD on Uniswap.

As for lending/borrowing specifically, as far as I'm aware, there is currently no DApp that offers it.

You're free to code one on Zilliqa tho :)

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