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Anybody who has had to take out a loan knows that the process is often long and often includes humiliating strings attached to the loan. The current state of financial products is such that banks demand complete control over loans and those who take out those loans.
ADALend is changing all of that. It is a decentralized platform that uses smart contracts to allow for decentralized crypto-lending and for the creation of financial products that can be controlled at the individual level.
There are no requirements to meet in order to participate in the lending operation, and anyone can deposit any amount and receive the corresponding APY value
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