KuCoin
PancakeSwap (v2)
With a history of over 4000 years, the concept of “Lending and Borrowing” has been and still is a core fundamental in the financial system. The basic idea of lending and borrowing in both the realms of the traditional as well as the crypto sphere entails the act of exchanging goods in the form of Fiat or digital currencies.
Traditionally, lending and borrowing are facilitated by the involvement of a third-person intermediary, but in the DeFi industry, transactions are governed by one’s own. Building on the advantages of blockchain technology, DeFi has revolutionized an era of lending and borrowing.
Q4 2020
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