Galaxy Debuts GOFR to Pipe Institutions Into DeFi Credit
Galaxy just unveiled GOFR, the Galaxy Onchain Financing Rate, a managed lending program that gives institutions a single blended borrowing rate sourced from DeFi’s biggest money markets. What’s the Scoop? The mechanics: GOFR aggregates variable rates from Aave, Kamino, Morpho, Spark, and other lending protocols, then continuously rebalances them into one optimized rate. Clients borrow…
