ANNOUNCING LENDING PLATFORM CHEE FINANCES MAINNET LAUNCH ON METER.IO
The decentralized finance (DeFi) landscape is constantly evolving, with innovative platforms emerging to offer users new ways to interact with their digital assets.One such platform, Chee Finance, is poised to make a significant impact with its upcoming mainnet launch on Meter.io.This launch marks a crucial step for Chee Finance, a multichain lending and borrowing platform designed for both ERC20 tokens and non-fungible tokens (NFTs). TermMax is excited to announce the official mainnet launch on Ethereum and Arbitrum, going live on Ap. TermMax is set to redefine decentralized finance (DeFi) by offering the mostAfter months of rigorous testing and development, the platform is ready to bring its advanced cross-chain capabilities to the Meter ecosystem. Hello Meterians, The Second Incentive cycle on Meter Mainnet started on Decem. It will end on Janu. The first Incentive cycle on Theta Mainnet started on Decem.With over 10,000 addresses already interacting with the testnet, the anticipation for the mainnet launch is high.
Chee Finance aims to revolutionize the way users lend, borrow, and earn interest on their digital assets. Chee Finance is a decentralized money market built on the Celo, Polygon, Meter.io, and BNB Chain networks that offers advanced cross-chain non-custodial FT NFT liquidity. Users can easily lend, borrow, and earn interest with their digital assets.By integrating with Meter.io, a DeFi infrastructure known for its speed and efficiency, Chee Finance is set to unlock new opportunities for users in the DeFi space.The platform's unique features, including optimized APY, cross-chain collateral, and robust oracle safeguards, promise a secure and efficient lending and borrowing experience. 💸 Voltage Lending Is Coming. The next step in Fuse s DeFi evolution is here: Voltage Finance is launching its lending platform, built on a simplified fork of Aave v3. At launch, ETH and USDC markets will be available, with a clean UI, limited caps for safety, and a focus on community feedback.This collaboration between Chee Finance and Meter.io is expected to significantly boost the DeFi ecosystem on Meter.
What is Chee Finance? Read details on the announcement here. Izumi Finance x Meter: Concentrate (V3) Liquidity DEX launching Shortly Meter MEN launch. Meter Mainnet deployment will be done post a security audit.An Overview of the Multichain Lending Platform
Chee Finance is a cutting-edge, multichain web3 money market built on several prominent blockchain networks, including Celo, Meter.io, BNB Chain, and Ethereum.It's designed to offer a seamless and efficient lending and borrowing experience for users across these different chains. Chee Finance is building the most advanced multichain web3 money market, with ERC20 NFT liquidity. Built on Celo, Meter.io, BNB Chain Ethereum. App. Links.Unlike traditional lending platforms, Chee Finance supports both ERC20 tokens and NFTs, opening up a wider range of possibilities for digital asset utilization. TermMax is excited to announce the official mainnet launch on Ethereum and Arbitrum, going live on Ap. TermMax is set to redefine decentralized finance (DeFi) by offering the most efficient leverage solution - fixed-rates borrowing and lending with a single click.Users can effortlessly lend their assets, borrow against them, and earn interest, all within a decentralized and non-custodial environment.
At its core, Chee Finance is an advanced cross-chain web3 decentralized money market. With native token price feeds available, MTRG can now be supported on the lending and borrowing platform Chee.Finance and Sumer.Money. Voltswap Yield Farming Redesign to ve (3,3) modelIt distinguishes itself by offering optimized APY, cross-chain collateral capabilities, and a strong emphasis on security.The platform is governed by the Chee token, a governance token specifically designed to ensure fair launch distribution and community involvement in decision-making processes. Chee.Finance x Meter.io AMA Recap is good before official launch. Also on Meter mainnet we will introduce our own price oracle, safe from flash loan attacks and with price updated in 20This decentralized governance model ensures that the platform evolves in a way that benefits its users.
Key Features of Chee Finance
- Multichain Support: Operates across Celo, Meter.io, BNB Chain, and Ethereum networks.
- ERC20 and NFT Liquidity: Supports both ERC20 tokens and NFTs for lending and borrowing.
- Optimized APY: Offers competitive annual percentage yields for lenders and borrowers.
- Cross-Chain Collateral: Allows users to use assets from one chain as collateral for borrowing on another.
- Oracle Guard: Implements robust oracle safeguards to protect against price manipulation and flash loan attacks.
- Decentralized Governance: Governed by the Chee token, ensuring community participation in platform development.
Why Launch on Meter.io?The Advantages of Meter's DeFi Infrastructure
The decision to launch on Meter.io was a strategic one for Chee Finance.Meter.io is a high-performance DeFi infrastructure that offers several key advantages for decentralized applications. Total Value Locked. The TVL on the Meter ecosystem is $2.8 million. Staking and Node Operation. There are currently 338 nodes on the mainnet supporting 11.26% APY on staking with 50% of theIts speed, scalability, and security make it an ideal platform for a lending and borrowing protocol like Chee Finance.By deploying on Meter.io, Chee Finance can provide users with a faster, more efficient, and more cost-effective experience compared to traditional blockchain networks.
Meter.io's architecture is designed to handle high transaction volumes without compromising on security or decentralization.This is crucial for a lending platform, where users need to be able to deposit, borrow, and withdraw assets quickly and reliably. Chee Finance, a multichain lending and borrowing platform for both ERC20-protocol and nonfungible tokens (NFTs) is launching on the Meter mainnet tomorrow. Chee Finance has been running itsFurthermore, Meter.io's built-in support for cross-chain interoperability aligns perfectly with Chee Finance's vision of a multichain DeFi ecosystem. ⚡️Meter.io⚡️ ⚡️ Excited to welcome @CheeFinance to the Meter Ecosystem! Chee is building the most advanced crosschain lending borrowing protocol with optimized APY, cross-chain collateral and oracle guard.This collaboration brings numerous benefits to both platforms and their respective communities.
Benefits of Meter.io for Chee Finance
- High Performance: Meter.io offers fast transaction speeds and low gas fees, enhancing the user experience.
- Scalability: The network can handle high transaction volumes, ensuring smooth operation even during periods of peak demand.
- Security: Meter.io's robust security measures protect users from attacks and vulnerabilities.
- Cross-Chain Interoperability: Meter.io facilitates seamless cross-chain transactions, enabling Chee Finance to connect to other blockchain networks.
- Native Token Price Feeds: Meter.io offers native token price feeds, enabling support for tokens like MTRG on the Chee Finance platform.
Chee Finance on Meter.io: A Step-by-Step Guide
Using Chee Finance on Meter.io is designed to be intuitive and straightforward.Whether you're a seasoned DeFi user or just getting started, this step-by-step guide will walk you through the process of supplying tokens, enabling tokens as collateral, borrowing tokens, and repaying borrowed tokens.
Supplying Tokens
- Connect Your Wallet: Visit the Chee Finance platform on Meter.io and connect your Web3 wallet, such as MetaMask.
- Navigate to the Supply Section: Choose the asset you want to supply from the list of supported tokens.
- Enter the Amount: Specify the amount of the token you want to supply to the platform.
- Approve the Transaction: Approve the transaction in your wallet, allowing Chee Finance to access your tokens.
- Confirm the Transaction: Confirm the transaction on the blockchain. Chee Finance is controlled by the Chee token, a governance token that was specifically designed to reflect a fair launch distribution for the community. Celo Grant Received. Chee Finance is thrilled to share that the developers at Chee have received a $60,000 grant from Celo.org for creating our comprehensive lending protocol under Web3.Once confirmed, your tokens will be supplied to the platform, and you will start earning interest.
Enabling Tokens as Collateral
- Navigate to the Collateral Section: Go to the section of the Chee Finance platform where you can manage your collateral.
- Select the Supplied Token: Choose the token you have supplied that you want to enable as collateral.
- Enable as Collateral: Toggle the option to enable the token as collateral.
- Approve the Transaction: Approve the transaction in your wallet, allowing Chee Finance to use your tokens as collateral.
- Confirm the Transaction: Confirm the transaction on the blockchain. Meter.io raised $1.3M from @PanteraCapital @DHVC_US, delivering a mainnet earlier with higher quality than many Layer1 projects that raised tens of Meter Official AnnouncementOnce confirmed, your supplied tokens can be used as collateral for borrowing.
Borrowing Tokens
- Navigate to the Borrow Section: Go to the section of the Chee Finance platform where you can borrow assets.
- Select the Token to Borrow: Choose the token you want to borrow from the list of available assets.
- Enter the Amount: Specify the amount of the token you want to borrow, ensuring it does not exceed your borrowing limit based on your collateral.
- Approve the Transaction: Approve the transaction in your wallet.
- Confirm the Transaction: Confirm the transaction on the blockchain. The multichain borrowing and lending platform setup Chee Finance plans to launch on the mainnet Meter. It will launch for both non-fungible tokens and It will launch for both non-fungible tokens and ERC20 protocol.Once confirmed, the borrowed tokens will be deposited into your wallet.
Repaying Borrowed Tokens
- Navigate to the Repay Section: Go to the section of the Chee Finance platform where you can repay your borrowed assets.
- Select the Token to Repay: Choose the token you want to repay.
- Enter the Amount: Specify the amount of the token you want to repay.You can choose to repay the full amount or a partial amount.
- Approve the Transaction: Approve the transaction in your wallet, allowing Chee Finance to deduct the repayment amount from your wallet.
- Confirm the Transaction: Confirm the transaction on the blockchain.Once confirmed, your borrowed tokens will be repaid, and your borrowing balance will be updated.
Remember to always exercise caution and understand the risks involved in lending and borrowing activities.Regularly monitor your collateralization ratio to avoid liquidation.
The Chee Finance Oracle: Enhancing Security on Meter.io
One of the critical components of Chee Finance's deployment on Meter.io is its proprietary price oracle. We are pleased to announce the launch date of our advanced multichain lending protocol after nearly 8 months of research, development, and hard work. Chee Finance's Mainnet will go live on the Celo, Meter, and BNB Chain networks.Oracles are essential for DeFi platforms as they provide real-time price data, enabling accurate lending and borrowing rates. The deployment will encompass Meter Network, Arbitrum Mainnet and Base Mainnet at launch with interoperability of Sumer Tokens supported by Chainlink CCIP and LayerZero. Follow Sumer socials toChee Finance's oracle is designed with security in mind, specifically to mitigate the risk of flash loan attacks.These attacks exploit vulnerabilities in oracle pricing mechanisms, allowing malicious actors to manipulate prices and profit from the lending protocol.
Chee Finance's oracle updates prices every 20 seconds, ensuring that the price data remains current and reflective of market conditions. Hong Kong, Hong Kong, April 15th, 2025, Chainwire. TermMax is excited to announce the official mainnet launch on Ethereum and Arbitrum, going live on Ap. TermMax is set to redefine decentralized finance (DeFi) by offering the most efficient leverage solution fixed-rates borrowing and lending with a single click.This frequent updating mechanism makes it significantly harder for attackers to manipulate prices within a short timeframe. A few days ago Minimax.Finance was launched on Meter.io mainnet, which means there are now a wide range of new opportunities for our community. Meter.io is a DeFi infrastructure with a built-in Open in appAdditionally, the oracle incorporates various security measures, such as outlier detection and price validation, to further enhance its reliability and accuracy.
Benefits of Chee Finance's Price Oracle
- Protection Against Flash Loan Attacks: Designed to resist price manipulation attempts.
- Real-Time Price Data: Updates prices every 20 seconds for accurate lending and borrowing rates.
- Outlier Detection: Identifies and filters out anomalous price data.
- Price Validation: Verifies the accuracy of price data from multiple sources.
Impact on the Meter.io DeFi Ecosystem
The launch of Chee Finance on Meter.io is expected to have a significant positive impact on the DeFi ecosystem. Chee finance: We partnered with Chee Finance, cross-chain lending and borrowing platform to deploy its protocol on Meter. This will provide the necessary impetus to the DeFI ecosystem in the MeterBy providing a robust and secure lending and borrowing platform, Chee Finance will attract more users and capital to Meter.io. Cygnus Finance x Meter: RWA on Meter. We are excited to announce our partnership with Cygnus Finance, the First real-world asset (RWA) solution on Meter.This, in turn, will increase the total value locked (TVL) on the platform, making it a more vibrant and attractive destination for DeFi participants.
The partnership between Chee Finance and Meter.io also opens up new opportunities for collaboration and innovation within the DeFi space. Total Value Locked. The TVL on the Meter ecosystem is $10.5 million. Staking and Node Operation. There are currently 336 nodes on the mainnet supporting 10% APY on staking with 50% of theThe integration of Chee Finance's lending protocol with Meter.io's infrastructure will enable the development of new and exciting DeFi products and services. Welcome to our April Monthly Newsletter. In this newsletter, we will recap our steadfast focus on overall ecosystem growth developer, dApps, and community. We have a lot to share with ourThis will further enhance the utility and attractiveness of the Meter.io ecosystem.
Expected Impact on Meter.io
- Increased TVL: Chee Finance's launch will attract more users and capital, boosting the total value locked on Meter.io.
- Enhanced DeFi Ecosystem: The addition of a robust lending protocol will enrich the DeFi offerings on Meter.io.
- New Opportunities for Collaboration: The partnership between Chee Finance and Meter.io will foster innovation and collaboration within the DeFi space.
- Increased User Adoption: The availability of a secure and efficient lending platform will attract more users to Meter.io.
The Chee Token: Governance and Community Involvement
The Chee token plays a crucial role in the Chee Finance ecosystem.It serves as a governance token, empowering the community to participate in the decision-making process and shape the future of the platform.Holders of the Chee token can vote on proposals related to platform upgrades, parameter adjustments, and other important matters.
The Chee token distribution was designed to ensure a fair launch and promote community ownership. Chee Finance is a multichain web3 financial service provider, which now offers money markets with ERC20 and NFT liquidity and DAO finance products like veNFT lending. Chee Finance is live on Celo, Meter, BNB Chain, and Ethereum.This means that a significant portion of the Chee token supply was allocated to the community, ensuring that they have a meaningful stake in the platform's success.By actively participating in governance, Chee token holders can contribute to the long-term growth and sustainability of the Chee Finance ecosystem.
Benefits of Holding the Chee Token
- Governance Rights: Holders can vote on proposals and influence the direction of the platform.
- Community Ownership: A fair token distribution ensures that the community has a significant stake in the platform.
- Potential for Rewards: Chee token holders may be eligible for rewards and incentives in the future.
Beyond Meter.io: Chee Finance's Multichain Vision
While the mainnet launch on Meter.io is a significant milestone, it's just one part of Chee Finance's broader vision. This tutorial will guide you on using Chee Finance on the supported networks. The tutorial will begin with a general overview of how to supply tokens, enable tokens as collateral, borrow tokens, and repay borrowed tokens. You can also check the Mobile-Friendly Money Market to learn how to use Chee Finance on your smartphones.The platform is designed to be a truly multichain lending and borrowing protocol, operating across multiple blockchain networks.In addition to Meter.io, Chee Finance is also live on Celo, BNB Chain, and Ethereum, providing users with access to a wide range of assets and opportunities.
Chee Finance's multichain approach allows users to seamlessly transfer assets between different chains and utilize them for lending and borrowing.This eliminates the need for complex and expensive cross-chain bridges, making it easier for users to participate in the DeFi ecosystem. ⚡️Excited to welcome @CheeFinance to the Meter Ecosystem!Chee is building the most advanced crosschain lending borrowing protocol with optimized APY, cross-chain collateral and oracle guard.By connecting to multiple blockchain networks, Chee Finance is creating a more interconnected and accessible DeFi landscape.
Chee Finance's Multichain Presence
- Celo: Live on the Celo network, offering access to its vibrant ecosystem.
- Meter.io: Expanding its presence on Meter.io with the mainnet launch.
- BNB Chain: Providing lending and borrowing services on the BNB Chain.
- Ethereum: Operating on the Ethereum network, the foundation of DeFi.
Conclusion: Chee Finance and the Future of DeFi on Meter.io
The launch of Chee Finance's mainnet on Meter.io represents a significant step forward for the DeFi ecosystem. Total Value Locked. The TVL on the Meter ecosystem is $5.2 million. Staking and Node Operation. There are currently 337 nodes on the mainnet supporting 10% APY on staking with 50% of theBy bringing its advanced cross-chain lending and borrowing protocol to Meter.io, Chee Finance is poised to unlock new opportunities for users and contribute to the growth of the platform.With its focus on security, efficiency, and community governance, Chee Finance is well-positioned to become a leading player in the decentralized finance space.This launch combines two powerful entities to further the world of web3 and decentralized finance.
Key takeaways from this launch include Chee Finance's multichain support, its innovative price oracle, and its commitment to community involvement. The multichain borrowing and lending platform setup Chee Finance plans to launch on the mainnet Meter. It will launch for both non-fungible tokens and ERC20 protocol. It has been testing a testnet since, and over 10,000 addresses have already interacted with it.As the platform continues to evolve and expand, it will undoubtedly play a crucial role in shaping the future of DeFi on Meter.io and beyond.The combination of Chee Finance's cross-chain capabilities and Meter.io's high-performance infrastructure creates a powerful synergy that will benefit both platforms and their respective communities.Now is the time to visit chee.finance and explore how to lend, borrow, and earn in this new ecosystem!
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