Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $1,070 trillion. Bitcoin is down by nearly 2% after intense seesawing this week. Ethereum increased by almost 2% over the past seven days. XRP lost more than 1% in value this week. Almost all altcoins are trading in the red, with a few exceptions. The DeFi sector decreased the total value of protocols (TVL)…
DeFi Borrowing
DeFi Lending and Borrowing Explained
Decentralized Finance (DeFi) Lending and Borrowing refers to the use of blockchain technology to enable peer-to-peer lending and borrowing of assets without the need for intermediaries such as banks. In DeFi lending, individuals can lend their assets (such as cryptocurrencies) to others in exchange for interest. These loans are typically facilitated by smart contracts on a blockchain, which automatically manages the loan terms, including the interest rate and the loan duration. In DeFi borrowing, individuals can borrow assets from others,…
Block Education
@BlockEducation
3 weeks ago 129 views