#OnChainLendingSurge

On-chain lending refers to decentralized lending platforms built on blockchain technology. These platforms enable borrowers to access loans and lenders to earn interest on their assets without intermediaries. Smart contracts facilitate loan origination, collateralization, and repayment. On-chain lending offers transparency, security, and efficiency, as all transactions are recorded on the blockchain. Popular platforms like Aave, Compound, and MakerDAO have emerged, providing various lending options and interest rates. On-chain lending has opened up new opportunities for decentralized finance (DeFi) and has the potential to disrupt traditional lending markets. yes