🎨Overview
The Lending category on NexsureChain unlocks vast opportunities to structure nearly unlimited types of loans. The community can select any asset supported by the blockchain, set their own repayment schedule, APR, collateral composition, and much more.
An Open Lending Ecosystem
NexsureChain’s decentralized lending marketplace offers significant benefits for borrowers and lenders alike:
Relief for Borrowers: No longer at the mercy of traditional banks, borrowers avoid lengthy processes and complex requirements.
Global Reach for Lenders: Lenders can efficiently access capital on a global scale, quicker and at a lower cost compared to traditional finance (TradFi).
Opportunities for Yield Hunters: Professional DeFi traders can borrow funds to profit from yield arbitrage opportunities across various ecosystems. Easy access to lenders helps them capitalize on new ways to earn yield, providing interest for lenders and claiming fees for themselves.
Collateral and Security
Collateralized Loans: To protect repayments, pool creators (borrowers) must over-collateralize the pool with allowed assets. Multiple tokens, including derivatives and LP share tokens, can be used as collateral to mitigate volatility risks.
Supporting SMEs in Emerging Countries
Many businesses in emerging countries struggle to secure loans even in the TradFi world. NexsureChain offers a superior tool for accessing capital: it’s cheaper, faster, easier to use, and available 24/7. This accessibility can help SMEs thrive by providing necessary financial resources.
Disrupting the Lending Market
NexsureChain aims to revolutionize the lending market using blockchain technology. For the first time in history, this innovative approach is possible, promising significant advancements and efficiencies.
Focus for 2024 - 2025
The primary focus will be on over-collateralized lending. With current developments in the crypto space, including derivatives, tokenized investments, and leveraged tokens, there is ample room to excel in this area and further enhance the lending capabilities on NexsureChain.
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