Arrow Finance to Launch Mainnet on August 31 After Final Security Review

Arrow Finance said it has completed its final security review with Sherlock, and its mainnet is scheduled to go live on August 31. According to Foresight News, the Robinhood ecosystem DeFi protocol will support 16 collateral markets at launch, including stablecoins, WETH, tokenized stocks, and indexes.The protocol said initial maximum loan-to-value ratios will range from 75% to 90%, with most non-stablecoin collateral starting in the 75% to 80% range. According to Foresight News, the initial total borrowing cap for all markets will be about $1.6 million, and parameters will be adjusted based on usage.Arrow Finance added that collateral backed by tokenized stocks and indexes will only be available during regular U.S. trading hours, Monday through Friday from 9:30 a.m. to 4:00 p.m. Eastern Time, to allow oracle pricing. WETH and stablecoin collateral will not be subject to that time restriction.