DeFi Meets Uranium: xU3O8-Based Lending Launches on Oku

The world of decentralized finance (DeFi) has a new frontier with the launch of xU3O8-based lending on DeFi aggregator Oku, powered by Morpho. This marks a significant step in integrating real-world assets into the DeFi ecosystem, allowing holders of the first-ever tokenized physical uranium product to access loans using their xU3O8 holdings. Users can deposit their xU3O8 tokens in a dedicated vault and receive USDC in exchange, enabling them to secure loans while maintaining exposure to this asset poised for a resurgence in nuclear energy usage.