Crypto lending allows users to borrow and lend digital assets without the need for a bank. This article explains how crypto loans work and how investors can earn interest.
What Are Crypto Loans?: Define crypto loans as a system where users can lock their assets in a platform and receive interest or borrow against their collateral without involving traditional banks.
DeFi Lending Platforms: Discuss popular platforms like Aave, Compound, and BlockFi, which offer users the ability to lend their assets and earn passive income or borrow assets at competitive rates.
Risks of Crypto Lending: Explain the risks, such as liquidation due to volatile collateral values and smart contract vulnerabilities, that lenders and borrowers should consider.
