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?
It's that value accurate, I have seen around $6 million being reported. Anyhow, it will still be the trend as you can see there's a lot of exchanges and newly projects offering this lending so definitely it will continue to attract more investors. The APY is really that attractive and it's not just altcoins now, there are bitcoin's being offered as well, starting at 4%-10%. So that question is how long will it last until someone find exploits and stole all the money? Actually there are history of hacks already, but I'm looking at like in the 9 figures lost before investors casts doubt on it and then eventually die.