IOST Now Accepted as Collateral Asset on DeFi-Focused Bidao

The delegated Byzantine-Fault-Tolerant (dBFT), decentralized, and blockchain agnostic platform, Bidao, now supports IOST as a collateral asset on its decentralized finance (DeFi)-dedicated ecosystem as per a Medium post shared on July 31. With this announcement, it means IOST coins can be locked up in Collateralized Debt Positions (CDPs) to generate the network’s stable coin, BAI.  IOST Focusing on

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