Thala's liquid collateral token, sthAPT, now supports the minting of stablecoin MOD
Aptos decentralized stablecoin protocol Thala announced on Twitter that its liquidity staking token sthAPT now supports minting the stablecoin MOD. The collateralization ratio is 150%, which means that for every 100 USD worth of MOD minted, 150 USD worth of sthAPT needs to be deposited.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Federal Reserve Governor Milan: Stablecoins could impact 30%-60% of savings
Bostic: Current policies are restrictive for businesses, especially in the housing sector
Bostic: The threat to price stability is becoming more evident and urgent
Bostic: Labor market signals are insufficient to support aggressive monetary policy
Trending news
MoreCrypto prices
More
