Everything You Need to Know About DeFi Lending — The DeFi Series

  • One person lends assets, doing so in exchange for interest payments (and in some cases, additional rewards)
  • Another person borrows assets, paying interest payments for the right to instant funding
  • Rather than having a financial institution with a spotty track record involved in your financial transaction, DeFi lending allows a smart contract to execute the transaction
  • For lenders, interest rates on certain DeFi lending platforms may far outpace returns for other centralized investment alternatives
  • Rather than a large, faceless bank reaping the rewards of lending, DeFi lending offers a peer-to-peer experience
  • Lower barriers to securing a loan than are present in traditional lending processes (if you have the necessary crypto collateral, you may generally be able to secure the loan you seek)

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