Lending protocols are decentralized applicationsApplications that run on decentralized peer-to-peer networks such as Ethereum. Ethereum is one of the most popular platforms for developers... Read More that allow users to lend and borrow digital assetsDigital assets are items of value that can be stored and traded electronically, including cryptocurrencies, tokens, smart contracts, and other... Read More in a peer-to-peer fashion. Lenders earn interest on deposited funds, while borrowers can access capital without going through traditional financial institutions.
