Discover five platforms — Aave, Compound, MakerDAO, dYdX and Fulcrum — that are transforming lending and borrowing through decentralization.
Powered by WPeMatico
Category: decentralized lending
Auto Added by WPeMatico
Reputation DAO: Would you give up privacy for unsecured loans in DeFi?
The platform intends on leveraging users’ personal financial information such as credit score and AML/KYC to help reduce the collateral needed to take out a DeFi loan.
Powered by WPeMatico
Aave Protocol Outpaces Maker With $1.4B Locked, Defi Project Granted UK Electronic Money License
The decentralized finance (defi) open-source protocol built on Ethereum, Aave, has surpassed the Maker Dao project in terms of total-value-locked (TVL) this week. The lending and borrowing platform Aave has $1.43 billion locked on Tuesday climbing 7.7% in the last 24-hours. On August 25, the defi project Aave (the Finnish word for ‘ghost’) has seen […]
The post Aave Protocol Outpaces Maker With $1.4B Locked, Defi Project Granted UK Electronic Money License appeared first on Bitcoin News.
Powered by WPeMatico
PR: Money Token Applies for Royalty-Free Patent on Crypto-Backed Lending Technology
WIPO, the World Intellectual Property Organization, has received a new patent application, owned by the MoneyToken project, as announced on the MoneyToken blog.
The application describes a blockchain-based technology process of decentralized lending, secured by cryptocurrency assets as collateral, that doesn’t require vouching agents and that uses smart contracts and multi-signature wallets within the crediting process.
The post PR: Money Token Applies for Royalty-Free Patent on Crypto-Backed Lending Technology appeared first on Bitcoin News.
Powered by WPeMatico