MetaStreet
@metastreet
MetaStreet is expanding support to RWA lending on Base! Starting today, earn yield and borrow against luxury watches on Watchesio with MetaStreet ⌚ 💸 Powered by @base, we're revolutionizing the way the $75B watch market can access liquidity and financing options 👇
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MetaStreet
@metastreet
2/ To date, we've facilitated >$300M in NFT lending Now, we're expanding our protocol to unlock yield from other forms of illiquid assets thru our Object Oriented Finance (OOF) initiative This partnership marks our entry into RWA, providing users w/ yield from tokenized objects
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MetaStreet
@metastreet
3/ Our category expansion also introduces a new protocol feature -- Dynamic Loan-to-Value (LTV) pools These pools use 3rd-party oracles for real-time pricing of unique assets (eg. watches); meaning that lending terms can adjust accordingly to a collateral's price fluctuations 📊
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MetaStreet
@metastreet
4/ We're also thrilled to bring @base L2's low fees and fast transaction speed to our app! Part of the integration will also include @coinbase's smart wallet product - which will allow users to spin up a new non-custodial wallet in seconds, making onboarding a breeze 😚 🌬️
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MetaStreet
@metastreet
5/ Lending for luxury watches is just the beginning 🕐 We're leveling up and have plans to expand the MetaStreet protocol to support tokenized land, music, domain names, points, and gaming assets! Don't miss out on the next big yield and lending opportunities - stay tuned! 👀
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MetaStreet
@metastreet
Read more about our watching lending experience here on our Blog: https://metastreet.xyz/blog/BaseForWatches
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