The DeFi ecosystem, also known as Decentralized Finance, has expanded significantly in the past year and has the potential to replace outdated legacy markets. DeFi aims to replace various financial services, including savings, insurance, trading, and loans, offered by traditional institutions. Major platforms like Compound and AAVE have led the way in crypto lending and borrowing, but current protocols have limitations in terms of over-collateralized loans. While some progress has been made in undercollateralized lending, it is still not fully developed due to the unsecured nature of current approaches. This has left many lenders hesitant to participate. Additionally, the traditional banking system offers almost no interest or even negative interest rates, resulting in a lack of secure lending options for individuals. Lendefi addresses this gap in the market by providing a DeFi protocol that allows lenders to securely lend stable coins and earn interest, while borrowers can access undercollateralized loans to invest in crypto assets. Lendefi offers attractive interest rates, access to capital for crypto assets, and eliminates the need for intermediaries. The protocol operates on smart contracts, ensuring a high level of security, and allows for decentralized governance through a DAO. Lendefi supports multiple assets, which can be added or removed through the governance DAO.
For those who want to download the Lendefi logo, we have
compiled a list of all the major cryptocurrencies in PNG and SVG format. Our collection includes logos for Bitcoin,
Ethereum, Litecoin, Ripple, Dash, Monero, Zcash, and many more. All of them are available in PNG format. And if you
want to show support for one of the cryptocurrencies, our collection of logos is at your disposal, including
the Lendefi logo.