Base SZN on Demex
We’re thrilled to kick off Base SZN on Demex with our new partnership with the Base chain! This collaboration brings an exciting lineup of Base-native assets like cbBTC, cbETH, LBTC (Lombard BTC on Base), LPLBTC, and PTLBTC to Nitron, our lending platform. Here’s how you can make the most of these assets.
Lend, Earn, and Explore with Base Assets
If you’re holding Base-native assets, Nitron has you covered with plenty of opportunities to grow your portfolio:
- Lend cbBTC and cbETH: Deposit these assets and earn attractive APYs, plus incentives paid in $SWTH, the governance token of the Carbon protocol. Let your assets work harder for you while staying secure on our decentralized platform.
- Borrow $USDC and Amplify Yield: Use your Base assets as collateral to borrow $USDC. Then redeploy the borrowed $USDC into liquidity pools or other strategies to boost your returns. Providing liquidity to Demex’s perpetual markets, for example, could be a game-changer.
- Explore Lombard Assets: Dive into LBTC, LPLBTC, and PTLBTC on Nitron. These unique assets open doors to innovative DeFi strategies within the Base ecosystem.
DeFi Strategy Spotlight
Here’s a straightforward strategy for using Base assets on Demex:
- Lend cbBTC and cbETH: Earn $SWTH incentives while growing your holdings.
- Borrow $USDC: Use the borrowed funds to provide liquidity to Demex’s perpetual markets. The BTC-ETH vault recently delivered an impressive 3-digit average APR over the past 14 days.
- Hedge with Perps: Secure your spot positions with perpetual contracts, reducing risk while keeping your upside potential.
A Base-focused strategy to consider:
- Lend PTLBTC and LPLBTC: Put these assets to work and earn $SWTH incentives (coming soon) while staying connected to the Base ecosystem.
- Borrow $USDC: Use your collateral to borrow $USDC and redeploy it into Base-native projects or provide liquidity on Demex’s markets.
- Arbitrage Opportunities: Take advantage of price inefficiencies across Base markets using your borrowed $USDC to execute arbitrage trades.
Teaser: Base Trading League
Get ready for the Base Trading League, an upcoming competition on Demex that will reward top traders. Stay tuned!
Why Choose Demex?
Demex’s intuitive interface, deep liquidity, and seamless integration with Base make it the ultimate platform for DeFi opportunities. Whether you’re lending, borrowing, or trading, Demex ensures a secure and rewarding experience.
Base SZN is here—start exploring and maximizing your Base-native assets today!