Decentralized finance (DeFi for short) has become a major part of the cryptocurrency landscape, allowing users to access financial services without relying on traditional banking or other centralized organizations. DeFi lending is one of this space's most popular and rapidly growing components, enabling people to lend their digital assets directly to borrowers in exchange for interest payments. In this guide, we’ll take a look at how DeFi lending works and what you need to know before getting started.
How Does DeFi Lending Work?
How Does DeFi Lending Work?
How Does DeFi Lending Work?
Decentralized finance (DeFi for short) has become a major part of the cryptocurrency landscape, allowing users to access financial services without relying on traditional banking or other centralized organizations. DeFi lending is one of this space's most popular and rapidly growing components, enabling people to lend their digital assets directly to borrowers in exchange for interest payments. In this guide, we’ll take a look at how DeFi lending works and what you need to know before getting started.