Crypto index firm CF Benchmarks has partnered with Chainlink to launch the Bitcoin Interest Rate Curve. The CF Bitcoin Interest Rate Curve will measure Bitcoin lending using three different data sources, trading data from futures exchanges, DeFi lending protocols such as Aave or Compound, and OTC cryptocurrency lenders.
Using this data to create interest rate curves, CF Benchmarks aims to improve how lending works in cryptocurrencies.
The company said it hopes to facilitate the creation of financial products, such as interest rate derivatives contracts, by making every point on the curve representative, reproducible and efficient.
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