đąLending Network
In partnership with Ola Finance, ApeSwap now offers our own Lending Network directly within the ApeSwap ecosystem.
How Lending Works
Lending is the process of depositing (i.e. supplying) tokens to a lending network. In exchange for providing liquidity to the lending network, users receive interest on the tokens they have deposited. The interest that lenders receive comes from other users who are paying interest to borrow tokens.
Lenders are able to withdraw their tokens at any time (as long as they aren't being used as collateral to borrow tokens and not all the tokens are being borrowed). There is no time lock or withdrawal penalty.
How Borrowing Works
Borrowing is the act of taking a loan from a lending network. Contrary to lending, which has users supplying tokens to a pool of assets, borrowing is the act of taking tokens out of the pool of assets. ApeSwap's Lending network requires users to lend tokens before borrowing, also known as overcollateralization.
Continue to our How to Lend and How to Borrow pages to learn more.
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