Lendefi. Price of cryptocurrency: $ 0.00001575

Over the past year, the Decentralized Finance system has grown so much that it has begun to open up the true potential of the market to replace legacy markets that have passed their use-by date. Savings, insurance, trading, and loans are some of the financial services that could be replaced by DeFi. Most financial institutions offer lending and borrowing. It is exciting to see the innovation happening in DeFi with multiple major platforms like Compound and AAVE paving the way for the adoption of cryptocurrencies. The problem with the current protocols is that they only tapped a small portion of the market. Borrowing potential for secured lending is limited by this. There is a lot of innovation happening in the undercollateralized lending space, but they are yet to mature as current lending approaches areUnsecured. There are people in this picture The interest people receive in the traditional bank system is negative in many countries. The bank will hold your money if you pay them. This leaves people little to no secured lending options where they can earn attractive interest on their money. It is easy to borrow money from the bank to buy assets like cars and houses, but there is no way for the borrowers to invest in cryptocurrencies. There are people in this picture Defi is an innovative protocol that allows lenders to lend their stable coins and earn interest. There are people in this picture There is value in the position. There are people in this picture The interest rates are attractive. There are people in this picture Stable coins can be lent through the Lendefi Protocol to earn an attractive interest rate. There are people in this picture Capital can be accessed for cryptocurrencies. There are people in this picture Unlike real estate or shares in companies, cryptocurrencies do not have access to capital markets for borrowing and lending. There are people in this picture There is no middle man. There are people in this picture The middle man is removed from the process of lending and borrowing with the help of the Lendefi protocol. There are people in this picture There are features of lendefi. There are people in this picture Completely independent. There are people in this picture Lendefi is a finance protocol with smart contracts. There are people in this picture Loans that are undercollateralized. There are people in this picture Users can get UCLs for buying coins. There are people in this picture A type of lending called secured lending. There are people in this picture In a volatile market, secured lending from Lendefi gives confidence to the lenders. There are people in this picture The governance is decentralized. There are people in this picture The community will be able to participate in the governance of the protocol. There are people in this picture There are multiple asset supports. There are people in this picture Borrowing funds from the Lendefi protocol will allow borrowers to invest in a wide variety of supported assets.