Today news
About the same in other media
Cross-chain lending platform aims to make DeFi loans more flexible
Reading now: 751
Blockchain technology and its associated cryptocurrencies were designed to make tools of the financial industry available to anyone with an internet connection. Like traditional banks, cryptocurrency assets offer all of the same products, including borrowing and lending, only in a decentralized format to reduce fees and discrimination. Since decentralized finance (DeFi) eliminates intermediaries from the equation, equal opportunities are given to billion-dollar companies and regular humans, and higher interest rates also prevail. In practice, most decentralized loans today are conducted through a lending pool.
Traditionally, collateralized loans (also known as securities-based loans) use a valuable asset to help secure the loan amount,
Read more on cointelegraph.comAbout this in other media
Huobi next in line to join the NFT race despite major hiccup in China ambcrypto.com /3 years ago
New Bitcoin hash rate highs remove any trace of China mining ban cointelegraph.com /3 years ago
Mudrex offers Coin Sets: Do they make investing in cryptocurrencies simpler? moneycontrol.com /3 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
