Their pioneering omnichain interoperability protocol takes cross-chain lending to a whole new level!
— LEND.finance (@LEND_finance) July 18, 2023
According to LEND Finance, the integration allows its users to borrow and lend assets on any chain. Users will also be able to move to the most favaourable rates with just one click. The functionality will increase efficiency of the lending and borrowing process, with ecosystem users getting the added benefit of maximized DeFi earnings.
For instance, borrowers can leverage LayerZero’s ULNs for cross-chain messages, with instant access to liquidity on any chain all made possible with a single-click functionality. The overall benefit of this is the streamlined lending process that also comes with security checks.
