AADA
Lending & Borrowing
Lenfi P2P (Aada V1) delivers an entirely decentralized way of lending and borrowing primitives through P2P interaction. The process allows users to create liquidity requests and lock up ADA or other CNTs approved by the community as collateral. In turn, lenders can choose requests from the list of overcollateralized loans and lend through a smart contract. Liquidity requests and deposits are fully customizable, meaning borrowers and lenders can choose the loan parameters. The latter include Loan token type and size, Collateral token type and size, Loan duration, Interest, and Loan request expiration.
Lenfi P2P (Aada V1) delivers an entirely decentralized way of lending and borrowing primitives through P2P interaction. The process allows users to create liquidity requests and lock up ADA or other CNTs approved by the community as collateral. In turn, lenders can choose requests from the list of overcollateralized loans and lend through a smart contract. Liquidity requests and deposits are fully customizable, meaning borrowers and lenders can choose the loan parameters. The latter include Loan token type and size, Collateral token type and size, Loan duration, Interest, and Loan request expiration.
