Channels is one of the top leading multi-chain DeFi lending platforms. Users can deposit (including single token and LP tokens) and borrow tokens on Channels, with both deposit and borrowing receiving platform token CAN rewards. As a new generation of DeFi lending protocol, Channels quickly became the world’s fourth-largest lending platform in just 7 months, the world’s largest LP mortgage lending platform, and has never had any security incident.

Channels has now launched BSC and HECO. TVL has long been ranked N0 1 on HECO. It became the second-largest lending platform on BSC on the second day of BSC’s launch. It is also the largest LP mortgage lending platform on the two platforms, and the mining revenue has long been the highest on BSC and HECO.

Currently, Channels supports 18 mainstream tokens and 10 LP mortgage pairs on BSC, and 18 mainstream tokens and 11 LP mortgage pairs on HECO. This gives users multiple choices to the greatest extent. It is worth noting that users can pledge LP to lend a single currency, which can optimize the rate of return while increasing the utilization of funds for the users.

The community of Channels is also very sizable. The Telegram group has 30,000 followers, Twitter 43.8K Followers, and the Chinese community is also one of the most active in the HECO community.

Channels Ranked No 1 in the HECO main node election. Channels returns 100% of the node revenue to users and the current APY revenue is 5.05%

Channels also launched Binance Smart Chain (BSC) on August 25. The staking method of LP+ single token has been favored by users on BSC. On August 26, Channels BSC also launched DAO community governance. The core purpose of DAO governance is to allow users who hold CAN to have a say in community governance and to achieve optimal governance through gameplay and market mechanisms.

Channels is expected to cross-chain to Arbitrum on September 28, starting the mining promotion at 19:00 on September 28th and going for one week. Single token lossless mining rewards will be doubled 2–3 times on the Arbitrum chain. Channels will also provide LP mortgage lending services. During the first-week of mining promotions, the income of LP mortgage lending will be increased by 50%-100%. By then, Channels will launch leveraged lending services, which will provide users with up to 8 times leverage, and at the same time, the slippage loss will be extremely low to save users to the maximum extent. Leveraged lending can solve the problems of insufficient funds and low capital utilization rates at certain times, and improve capital utilization and return rates for users.