Factorial Finance Now Supports Collateralizing SLP for TON and USDT: Unlock Boosted Borrows and Enhanced Capital Efficiency

Factorial Finance has introduced an exciting new feature in collaboration with Storm, allowing users to collateralize SLP (Smooth Liquidity Pool) tokens for TON and USDT. This development opens up new opportunities for leveraged yield generation and enhances capital efficiency within the TON DeFi ecosystem.

What Does This New Feature Offer?

• Boosted Borrows: Users can now borrow USDT with subsidized interest, leveraging their USDT-SLP tokens as collateral. The added benefit of subsidized interest is made possible through TON rewards.

• Enhanced Capital Efficiency: By collateralizing USDT-SLP tokens, users can free up their capital for other investments while still accessing liquidity. This maximizes efficiency and allows for optimized returns.

How It Works

With the introduction of Factorial Finance x Storm SLP borrow and loop incentivization, users can now engage in leveraged yield opportunities. Here's a quick overview of how the process works:

• Collateralize USDT-SLP Tokens: Deposit your USDT-SLP tokens into the Factorial Finance platform.

• Borrow USDT with Subsidized Interest: Use your SLP tokens as collateral to borrow USDT at a subsidized interest rate, thanks to TON rewards.

• Provide Liquidity in Storm Trade: Add liquidity to Storm Trade to mint additional USDT-SLP tokens, further boosting your yield potential.

This innovative system helps users maximize their yield by participating in both borrowing and liquidity provision, all while making the most of the TON rewards program.

Unlock New Opportunities with Factorial Finance and Storm

The collaboration between Factorial Finance and Storm highlights the growing potential of TON's DeFi ecosystem and its ability to offer users new ways to leverage their assets. With SLP collateralization, you can now enhance your capital efficiency, boost your borrowing potential, and maximize your yield opportunities in the DeFi space.

For more details and to get started, visit Factorial Finance at factorial.finance and explore Storm Trade for the latest updates on liquidity provision: Storm Trade News.

Take advantage of these exciting new features and elevate your DeFi strategy today!