Partnership with Lendefi: ARTH adoption through Lending Protocols
MahaDAO is excited to announce a partnership with the Lendefi platform. Lendefi is an under-collateralized lending platform for secure crypto loans.
ARTH, being an innovative stablecoin will benefit hugely as collateral in various lending protocols, stimulating the demand.
Lendefi itself is an innovative new DeFi lending protocol that enables lenders to earn interest on their stablecoin deposits, and for borrowers to obtain undercollateralized loans. The most exciting part of undercollateralized loans is that it’s a step towards traditional finance, where you can borrow more than the collateral you provide. The first lending protocols allowed only overcollateralized loans, limiting users to less than the value of the collateral when borrowing for security.