Templar Protocol has introduced a new feature allowing users to borrow USDC directly against native ZEC on the Solana blockchain. This development eliminates the need for wrapping or intermediaries by utilizing NEAR Intents and Chain Signatures for secure multichain transactions. The protocol's isolated market design aims to reduce contagion risk and enhance loan-to-value ratios compared to traditional pooled models.
Additionally, Templar Protocol plans to incorporate enhanced privacy features, including shielded borrowing and zero-knowledge (ZK) technology, to further secure user transactions. This update marks a significant step in leveraging NEAR Protocol tools to facilitate seamless and secure borrowing on Solana.
Templar Protocol Enables Native ZEC Borrowing on Solana
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