Pool-based lending in a decentralized manner.

What is dForce Lending?

dForce Lending is a pool-based multisided lending protocol where deposit can be used as collateral to mint stablecoins denominated in different currencies, and a variety of synthetic assets (crypto, stocks, commodities, ETFs, etc), subject to governance decision.

Fund supplied to dForce Lending will be automatically converted to iToken as a receipt of your deposit.

At the fundamental level, dForce Lending is a money market protocol that allows instant accessibility and liquidity by matching supply and borrowing of any ERC20 (Ethereum) / BEP20 (BSC) compatible assets. You are able to deposit crypto assets to earn interest or borrow supported assets against supplied collaterals. All crypto loans will run through automatically-executed smart contracts, removing the need for intermediaries and associated costs.

Further reading: Introduction of dForce's Multicurrency Asset & Lending Protocol.