Furthermore, the DeFi lending protocol enables lenders to earn interest on crypto assets. In contrast to the traditional loan processing system used by banks, DeFi lending allows individuals to become lenders in the same way that banks do. A person can easily lend their assets to others and earn interest on the loan. DeFi lending, like traditional bank loan offices, is primarily based on lending pools, where users can add their assets to the lending pool and ensure quick distribution among borrowers via smart contracts. https://www.dunitech.com/DeFi-Lending-Borrowing-Platform.aspx
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DeFi Lending Borrowing Platform Development Services for Enterprises and Startups - Dunitech
Posted 2023-05-19 07:21:28
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