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Crypto Lendify can offer a unique service where borrowers can pledge multiple types of cryptocurrency as collateral for a single loan. This is ideal for borrowers who have diversified crypto portfolios and want to maximize their borrowing potential without putting all their eggs in one basket.

How It Works:

Borrowers pledge a combination of Bitcoin, Ethereum, and various altcoins. The LTV ratio is calculated based on the value and volatility of the combined collateral. This allows borrowers to increase their borrowing potential and reduce risk by spreading their collateral across multiple assets.

Key Features:

  • Increased borrowing capacity due to diversified collateral.
  • Reduced liquidation risk, as the loan is backed by multiple assets.
  • Customizable LTV ratios based on the risk profile of the total collateral.
  • Flexibility in repayment, allowing borrowers to pay with any cryptocurrency.

Use Cases:

  • Borrowers with large, diversified crypto portfolios seeking maximum liquidity.
  • Business funding for companies holding multiple crypto assets.
  • Investors looking to minimize risk while leveraging multiple assets.