DeFi lending platforms are becoming the prominent financial service enabler, all while implementing the security and trustless benefits that blockchain and cryptocurrency provide.
Decentralised lending and flash Swaps are becoming a thing in DeFi as more investors are taking advantage of the benefits they offer.
Decentralised Lending
DeFi lending allows investors and lenders to issue loans or deposit fiat for interest through a distributed and decentralized application system. This is a captivating approach for lenders because it allows them to earn a relatively low-risk interest on existing holdings without having to authorize their information to 3rd party services.
There are a wide range of innovative decentralized lending platforms available in the crypto space; one of them being KeplerSwap. The ability to lend and borrow assets among completely open applications has created a fundamental breakthrough for the future of finance and cryptocurrency.
On KeplerSwap DeFi 2.0, all flash loan services are provided with an efficient, smarter and seamless user experience. KeplerSwap supports multi-currency smart flash loans. Users are able to borrow the corresponding currency in proportion based on their needs and amount of available funds used as collateral.
Flash Swap
With the KeplerSwap Flash Swap, no collateral is required to lend tokens from the KeplerSwap supply pool, which are used for "Flash" service, and a Flash Swap can be completed by returning the Token as soon as the process is comes to an end.
KeplerSwap Flash Swap supports two different Tokens from the supply pool when they are returned. Calldatas are implemented in the swap function of the core contract Pair (i.e., the supply pool) that allows the user to cash first and return later.Using the BUSD/BNB-backed Pair (supply pool), the BNB will initially lend from the Pair to an external arbitrage contract, and then the Pair will call the KPLCall interface implemented by the arbitrage contract.
After the call is completed, Pair performs a final reconciliation of accounts. If Pair does not receive enough BNB or BUSD, then the entire transaction is rolled back. Therefore, for arbitragers, after lending a BNB, they must return the BNB or BUSD (and pay the 0.3% rate) before the end of the atomic transaction to ensure the success of the entire Flash Swap.
Decentralised financial services have been evolving rapidly and keplerSwap as the key player of the DeFi 2.0 will drive this facet of DeFi to the next level.The Platform is always ready to develop products and use cases that are beneficial to their potential investors; the beginning of a new decentralised financial world .
Learn more about keplerSwap below
Official Website 🌐
Telegram 💬
https://t.me/keplerswap
Twitter 🔀
https://twitter.com/keplerswap