Quote from: poyiscus on August 31, 2020, 06:51:15 PM

Quote from: Blaswskiski on August 31, 2020, 01:39:13 PM

Decentralized lending and borrowing platforms are some of the most remarkable developments on the DeFi landscape. DeFi lending & borrowing platforms let users supply and lock their funds into smart contracts from where other users can borrow and pay interest on them. Each loan is collateralized by crypto.

Investor signs a transaction and approves the funds theyd like to lock using the protocol.The asset is instantly added to the global supply pool (the money market)

Its important to keep your cryptocurrency safe and away from hackers. However, youre not earning any money on your crypto assets if they are simply sitting in a hardware wallet. This is especially true in a bear market when the prices go down.