After the launch on August 9, Mensa Protocol has experienced two weeks of stable operation. Now V2 of Mensa Protocol will be launched soon.
Deposit & Borrow and LP Farming remain unchanged. Based on V1, the V2 version has added the following features:
When users borrow coins from Mensa Protocol, they will be charged interest fees. For example, at 10:00 UTC on August 21st, when a user borrows USDC on the Mensa Protocol platform, Stable APY is 6.92% and the interest is settled in USDC.
When users stake MENSA tokens into Mensa Pool, they can share ALL the fees charged by Mensa Protocol. The allocation ratio is determined by the proportion of MENSA tokens user stakes in the Mensa Pool. All fees are settled in the currency in which the platform receives.
Mensa Protocol will continue to improve the user experience and increase the value of the MENSA token.