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Unbound Finance Will Soon Allow Stablecoin Borrowing Against Uniswap LP Positions on Arbitrum

In addition to Uniswap V3 positions, Unbound is also expanding collateral support to LP tokens of relatively volatile asset pools, such as WETH-DAI. The version 2, however, will introduce price stability mechanisms (PSMs) that automatically liquidate or redeem loaned positions to ensure UND’s value remains stable and closely aligned with its intended $1 peg.

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