TechFlow news On December 30, Algofi, a lending and algorithmic stablecoin protocol based on Algorand, announced a collaboration with the Algorand Foundation to launch a $3 million liquidity mining program. Starting in January 2022, Algofi users will algorithmically earn ALGO rewards when borrowing or lending ALGO, STBL, USDC, goBTC, and goETH. Algofi launched on December 17 and reportedly surpassed $20 million in total value locked within one week of launch.
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