What Do You Think Of Lending One’s Assets in the Crypto Space ?

[Cryptoic]

In the crypto space, crypto lending is not a new concept as it opens way for growing one’s assets and gives access to liquidity. Mostly to crypto companies and trading firms. Personally haven’t thought much about crypto lending not until I came across Maple finance which is a Defi platform that provides lending solutions and decided to know more.

 

I found out this DeFi platform provides lenders with high yield opportunities by offering loans to institutional investors and trading firms. Having originated over $7B in loans since its launch in 2021, this made me realize how much impact it have in DeFi ecosystem.

 

The highlight for me was participation in the Maple ecosystem was incentivized with its token, $SYRUP which has been launched on major exchanges including Bitget. Source;https://www.bitget.com/support/articles/12560603826808?utmSource=Twitter  Interestingly, its performance is quite good will keep watching it because who knows. Anyways, have you ever lent your crypto assets or borrowed, i would like to know.