Nitron Consolidates Borrow Rates Into Single Amplified Strategy
Nitron is updating its borrow rate structure to better respond to market conditions. The platform is consolidating rates into a single amplified strategy that can adjust more quickly during utilization spikes.
**Key Changes:**
- Borrow rates will increase up to 10% across 30+ assets
- New unified strategy replaces previous rate models
- Designed to respond faster during volatile market conditions
**Affected Assets:**
The update impacts major tokens including ETH, WBTC, ATOM, LUNA, stablecoins (USDC, USDT, USD), and various liquid staking derivatives (wstETH, stATOM, stLUNA, stOSMO, stTIA, stEVMOS).
This follows a similar trend in DeFi lending protocols adjusting rate mechanisms for better capital efficiency.