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The lending protocol 3Jane will launch on the Mainnet in early November.
PANews reported on October 29 that, according to official news, the unsecured credit lending protocol 3Jane announced that its Mainnet is expected to go live in early November, allowing permissionless funding to USD3 and sUSD3, with an initial cap of approximately 50 million USD, and participation initially limited to U.S. residents with total assets exceeding 150,000 USD. Once fully launched, 3Jane will cover more than 50 widely used encryption native asset categories, encompassing over 10,000 DeFi protocols, with a total value exceeding 250 billion USD in decentralized finance and encryption assets. In June, there was news that 3Jane raised $5.2 million in seed funding, led by Paradigm.