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Liqwid Finance moving closer to challenging Aave and Compound, but on Cardano

  • Liqwid Finance has been building its Cardano-based platform in recent months, seeking to provide an alternative to the expensive lending platforms built on Ethereum such as Aave and Compound.
  • The platform is betting on the very low fees on Cardano and a rethink of the protocol governance – including an incentivized native governance token – to lure users from the Ethereum
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