The borrowing limit for PYUSD on Kamino has been raised to 20 million US dollars
Foresight News reports that Solana's composable automated liquidity management protocol, Kamino, has announced on Twitter that it has increased the borrowing limit of PYUSD to 20 million US dollars. Users can borrow using any collateral assets. The interest rate for PYUSD loans will not be affected by the scale of borrowing. In addition, the borrowing limit for PYUSD in Ethena Labs' market has also been raised to 10 million US dollars.
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