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Cragon
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#OnChainLendingSurge 🥰🥰🥰🥰🥰 Here’s how it works: 1. Borrowers deposit collateral (usually another cryptocurrency) into a lending platform to secure their loan. 2. Lenders provide the funds and earn interest in return. 3. All transactions are governed by smart contracts, which are automated programs that ensure everyone follows the rules. Why is it so exciting? No Middleman: Everything happens directly between users, making it faster and often cheaper. Global Access: Anyone with crypto and internet access can participate. Transparency: All activity is recorded on the blockchain, so nothing is hidden.
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