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Lodestar Finance is an algorithmic borrowing and lending protocol designed to bring the key DeFi primitive of decentralized money markets to Arbitrum communities. Key Features of Lodestar Finance:
Generate interest on assets such as MAGIC, DPX, and plvGLP by depositing them into the protocolProvide collateral with your deposit, allowing you to borrow crypto assetsGet access to liquidity without triggering a taxable eventUse the protocol’s borrowing tools to run leveraged long and short trading strategiesRelease liquidity from yield-bearing assets like plvGLP while keeping the underlying yield intact.LODE is a governance token that reflects a holder’s stake in the DAO. Token holders can participate in votes on platform proposals, with voting power determined by their token share. Governance includes decisions on where emissions go, the addition of new pools/products, and overseeing the community fund and treasury.
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