Crypto Lendify could offer a service where borrowers can continue to earn interest on their crypto collateral while taking out a loan. This service would appeal to crypto investors who want to maximize their returns even when their assets are locked as collateral.
How It Works:
Borrowers deposit their crypto assets as collateral for a loan. Meanwhile, these assets are placed in interest-earning accounts, such as DeFi protocols or staking platforms. The borrower continues to earn interest or staking rewards on their collateral during the loan period.
Key Features:
Borrowers earn passive income while their collateral is locked.
Integration with DeFi protocols for yield farming or staking.
Flexible loan terms that allow borrowers to benefit from the growth of their assets.
Competitive interest rates for both loans and interest-earning accounts.
Use Cases:
Long-term crypto investors who want liquidity without sacrificing returns.
Borrowers who need liquidity but still want to benefit from DeFi opportunities.
Businesses seeking to maximize their crypto holdings while accessing working capital.