Lending

Lending protocols enable users to lend their cryptocurrency assets to others in exchange for interest payments. Borrowers provide collateral to secure the loans, and smart contracts automate the lending and borrowing process.

What You Need To Know

Some factors the Lender considers when it looks at its evaluation of borrowers including Capital: The borrower’s financial investment in their venture or assets, Condition: Economic factors affecting the borrower’s ability to repay, Capacity: Cash flow and income available to meet repayment obligations, Collateral: Assets pledged to secure the loan, and Character: The borrower’s reputation and reliability.