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 (stablecoins denominated in different currencies, cryptos, stocks, etc) against yield-on collaterals to achieve better capital efficiency, 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 worldwide. 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.
Please do NOT directly transfer any digital assets to the contracts, which will cause a permanent loss and we cannot help reverse transactions or retrieve assets from the contract. Please access from the protocol.