We have successfully broken 21m TVL in the Silo Llama $CRV silo in less than a week. Wait a minute.

22 Aug 2023, 10:09
šŸŽ‰ We have successfully broken 21m TVL in the Silo Llama $CRV silo in less than a week! šŸ§ Wait a minute... $13m $CRV deposited but only $70k available to borrow at 53% utilization? Something doesn't add up šŸ¤” Let us introduce you to protected deposits šŸ‘‡

Same news in other sources

2
Silo Finance
Silo FinanceSILO #3773
Twitter
22 Aug 2023, 10:09
Borrow against your big daddy positions without fear of shorting by using a protected deposit šŸ¤ Check out how to do it here: /SiloFinance/status/1681766165964808192 #SiloTheRisk
Borrow against your big daddy positions without fear of shorting by using a protected deposit.
Borrow against your big daddy positions without fear of shorting by using a protected deposit šŸ¤ Check out how to do it here: /SiloFinance/status/1681766165964808192 https://t.co/yt2i0XfEfh #SiloTheRisk
Silo Finance
Silo FinanceSILO #3773
Twitter
22 Aug 2023, 10:09
4āƒ£ Protected Collateral Silo gives all users the option to make protected deposits, meaning depositing collateral that cannot be borrowed out. This prevents shorting action while ensuring you can withdraw funds -even if utilization is 100%!
Protected Collateral.
4āƒ£ Protected Collateral Silo gives all users the option to make protected deposits, meaning depositing collateral that cannot be borrowed out. This prevents shorting action while ensuring you can withdraw funds -even if utilization is 100%!