A Guide to Undercollateralized Loans in DeFi

The DeFi space releases innovative financial tools almost every month. The latest one on this list should enable users to loan assets with lower value collateral. Through undercollateralized loans, borrowers would access funds way above their holdings. Also, lenders would earn interest, and lending protocols would surpass traditional banks in approachable crediting services. As you can see, this feature should keep everyone happy. It all sounds just too good to be true. After all, under collateralization should be the next…

MyConstant – Peer-to-Peer (P2P) DeFi Lending For the Digital Age

MyConstant is a next-generation crypto-backed, multi-market P2P lending platform. The platform focuses on peer-to-peer lending of both fiat and crypto assets. It enables anyone to secure an ROI by lending funds to other users via the network’s lending pools. Notably, DeFi P2P lending is one of the fastest-growing sectors in the cryptomarket at this time. MyConstant enables anyone to receive instant access to fiat and crypto-backed loans that are collateralized against multi-coin collateral. In this way, MyConstant streamlines the lending…