Post
Topic
Board Altcoin Discussion
Re: Are lending platforms still the trend of defi?
by
Febo
on 24/09/2020, 18:14:42 UTC
According to Defipulse, Lending is holding a Total Value Locked amounting to $ 3.59 billion. So decentralized lending platforms still have a trend in the future?
What factors do you get involved in a lending project?

Usually banks take deposits and then lend money out to other people. What does DeFi do? They just take deposits?  How they then make more money to give better returns to depositor? They dont lend money out to people that would pay more back.