May 11
Creek Finance Launches Gold-Backed DeFi Mainnet on Sui
Creek Finance launches its gold-backed DeFi mainnet on Sui, enabling users to stake, farm, and lend using tokenized gold (XAUm) as collateral.
➤ Creek Finance has launched its gold-backed DeFi mainnet on the Sui blockchain, utilizing tokenized gold (XAUm) as collateral. ➤ Users can now stake, farm, and lend using XAUm, which represents physical gold stored in secure vaults, bridging traditional assets with DeFi. ➤ This integration aims to provide a stable collateral option in DeFi and expand the utility of gold, though users should be aware of associated DeFi risks.
