Felix Reintroduces USDH Borrowing Incentives with 77% LTV Options
Felix Reintroduces USDH Borrowing Incentives with 77% LTV Options
馃挵 Felix flips the script
Felix has relaunched USDH incentives, now targeting borrowers rather than lenders.
Key Details:
- Incentives available for USDH borrowed against kHYPE, HYPE, and UBTC collateral
- All three assets offer 77% maximum loan-to-value (LTV) ratios
- Designed to reduce borrowing costs for traders using USDH in HIP-3 markets
Context: This marks a shift from December's strategy, which focused on lending incentives and saw USDH Flagship vault reach $14.6m in deposits. The new approach aims to support traders holding spot assets who want to borrow USDH for trading.
Borrow USDH at Felix. Updates will be shared in the Felix Discord.
USDH incentives are back on Felix USDH incentives are first allocated to USDH borrowers against the following collateral assets: kHYPE with 77% max LTV, HYPE with 77% max LTV, and UBTC with 77% max LTV. These incentives will help drive down borrow cost for traders looking to
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