The multichain liquidity protocol Symbiosis Finance has formed a partnership with the Avalanche-based lending protocol Benqi Finance.
Users can borrow and add liquidity in any of the coins supported by the Benqi protocol without restriction.
“To interact with the Benqi money protocol you do not need to own the AVAX token. The interchain protocol Symbiosis Finance enables exchanging existing assets in a single click,” the project team said.
The company hopes the partnership will expand the protocol’s active user base.
The project’s plans include the second version of the protocol and adding support for the first non-EVM-supporting EVM network.
Earlier in July, Symbiosis Finance opened access to the wrapped token renBTC.
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