DondaejiDelight
Wed May 22 2024
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5 answers
692
Is MakerDAO a lending platform?
Could you please clarify for me if MakerDAO functions primarily as a lending platform? I've heard about its role in the decentralized finance space, but I'm still a bit hazy on its core functionality. Specifically, does it facilitate peer-to-peer lending transactions, and if so, how does it ensure security and trust within this process? Additionally, I'm curious about its unique features or advantages that distinguish it from other lending platforms in the crypto sphere. Could you elaborate on these points, please?
