🚀 BadgerDAO partners with Lido to launch eBTC, a new defi borrowing system! Say goodbye to interest, repayment, and initiation fees.👋

✅ eBTC leverages staked ETH from Lido, eliminating the need for cross-chain bridges

✅ Customizable collateralization ratios & liquidation mechanisms

✅ Incentive program with stETH rewards for early adopters

But beware!⚠️ Defi market risks like regulatory ambiguity, counterparty risk, and volatility still persist. In 2022, defi hacks led to $2.7 billion in losses.💔

What do you think about this new borrowing system? Share your thoughts below!👇