A Guide to Collateralized Loans in DeFi

Hodling is the favorite sport of long-term crypto investors. However, keeping your assets in a crypto wallet for years can have negative consequences. Firstly, unless their value increases, you do not accrue any profits. Secondly, it limits market liquidity and, therefore, hinders its growth. Fortunately, you can help solve both problems with collateralized loans. This short guide to crypto lending discusses how collateralized loans work in decentralized finance. Read on to discover how to use this DeFi tool in your…

Borrow and Lend Digital Assets on the Aave Platform – An Open-Source DeFi Protocol

The crypto space has grown tremendously over the years, but not much progress has been made regarding lending and borrowing digital assets. However, many companies are taking a step in this direction, and Aave is a perfect example.  Aave is an open-source DeFi protocol that allows users to borrow and lend digital assets. The platform comes with the traditional loan features and includes several unique features that make it stand out.  In this article, we will review the platform and…

Nexo Review – The World’s First Instant Crypto Credit Lines

Even with all the crypto world advancements, there haven’t been many significant crypto credit facilities. However, if we are going to advocate for the mass adoption of credit facilities, we need to ensure that we have similar services as the traditional financial system provides, only with some advantages.  Fortunately, Nexo, a leading FinTech group, has taken upon itself to provide the world’s first instant crypto-backed loans. Thanks to this platform, anyone who has some crypto assets benefits from it without…