๐ฐLending, Borrow & Decentralized staking program
Staking is a financial term thatโs fairly unique to the cryptocurrency markets. In a nutshell, as an investor you agree to stump up the crypto you invest in a specific network to help the network validate transactions. In exchange for doing that, you earn rewards, typically in the form of tokens. Due to the over-collateralized nature of decentralized finance platforms like RPX, any default risks usually extremely low, as positions are liquidated prior to them resulting in any debts. On RupayDex, users can be assured of collateralized hedge funds for lending.
When funds are borrowed against a liquidity pool comprised of the assets of all lenders in the platform, any default risks are being distributed across all lenders in equal proportions to their investment.
At RupayDex, it is possible to lend, borrow and stake digital assets on any blockchain such as
Ethereum Blockchain
Cardano Blockchain
Solana Blockchain
Polkadot Blockchain
Terra Blockchain
Cosmos Blockchain
Tron Blockchain
Polygon Blockchain
Tezos Blockchain
Elrond Blockchain
Mina Blockchain
Kusama Blockchain
NEAR Blockchain
Helium Blockchain
The Graph Blockchain
Flow Blockchain
Livepeer Blockchain
Injective Blockchain
Audius Blockchain
Skale Blockchain
And More...
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