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Kabu Markets Enable USD Coin Loans Against Uniswap Governance Token

Users can pledge Uniswap’s governance token, UNI, as collateral to borrow USD Coin (USDC) without selling their holdings.

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A token sits secured beside a plain silver coin in a steel vise / TokenPost.ai
A token sits secured beside a plain silver coin in a steel vise / TokenPost.ai

Uniswap’s governance token, UNI, is eligible as collateral in Kabu’s USD Coin (USDC) markets, allowing holders to borrow USDC through the platform’s lending markets without selling their tokens.

Borrowers pledge UNI and receive USDC against those holdings. This gives users access to USDC while retaining their UNI.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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