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Questions tagged [lending aggregator]

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SeoulSerenitySeekerPeaceLover SeoulSerenitySeekerPeaceLover Mon Nov 04 2024 | 5 answers 1430

What is a DeFi lending aggregator?

A DeFi lending aggregator is a platform that combines various decentralized financial services, specifically focusing on lending. It aims to reduce entry barriers for investors by aggregating liquidity from multiple sources, providing a convenient way to compare interest rates, and lowering Gas consumption through optimized transactions. This enhances the user experience, efficiency, and accessibility of DeFi lending markets.

What is a DeFi lending aggregator?

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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