New assets on Flying Tulip Lend on BNB Smart Chain
Flying Tulip has expanded asset support on BNB Smart Chain with four new listings on Lend: BTCB, ETH, WBETH and QQQB.
Users can supply these assets to earn additional yield, use them as collateral to borrow on Lend, deploy their borrowing power for spot or leveraged trading on Trade, or use TRS to go long or short, or hedge existing exposure.
ETH from Binance is a fully collateralized, 1:1 ETH-pegged token on BNB Smart Chain.
WBETH (Wrapped Beacon ETH) from Binance is a liquid staking token representing staked ETH plus accumulated staking rewards. Users can retain the underlying staking yield while also earning the applicable supply yield on Lend.
QQQB from Binance is a tokenized bStock providing 1:1 economic exposure to the Invesco QQQ Trust ETF.
Feedback and issue reports are welcome through Discord.
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