What do we call a cryptocurrency loan service implemented on a blockchain?

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In this guide, you’ll learn the answer to “What do we call a cryptocurrency loan service implemented on a blockchain?” in OverWallet.

What do we call a cryptocurrency loan service implemented on a blockchain?

Question: What do we call a cryptocurrency loan service implemented on a blockchain?

Answer: Lending Protocol.

Further reading

Which term describes the process of combining multiple smaller transactions into a single, larger transaction to improve efficiency?

What benefits do liquidity providers gain from participating in the liquidity pool of a DEX?

When trading on a DEX, what is the loss that can occur when the size of the liquidity pool is small compared to the size of the transaction?

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