dAMM Finance: The New Entrant in DeFi Lending Platform Space

The concept of DeFi lending has opened doors to better opportunities for lenders and borrowers across the globe backed by improved decentralization, transparency, accessibility, and security. DeFi Lending platforms have been an integral part of the decentralized finance (DeFi) landscape, however, their institutional functionalities usually strengthen speculation in crypto assets instead of real economy lending.

Because of the borrower's anonymity, over-collateralization is pervasive in DeFi lending, which further results in procyclicality. The dependence on collateral even minimizes access to credit for borrowers who hold notable assets. For DeFi lending to make an entry into the real economy, there seems to be a requirement for tokenizing real assets with minimized reliance on collateral.

With such hype about DeFi lending across the crypto lending platform development space, a new entrant has gained the spotlight lately. Let’s explore it in more detail.

Introducing dAMM Finance in DAO
dAMM is a popular lending and borrowing protocol that is responsible for pooling assets and lending to renowned institutional borrowers. It is an L2-powered AM that enables liquidity to be bridged on L2 and stay unfragmented, on L1.

It offers complete transparency throughout institutional lending for all tokens and ensures hassle-free lending to leading institutions via dAMM protocol.

Major highlights of dAMM include:
Total locked value in dAMM is $1,245,195
Enabling lenders to receive high interest
Offering liquidity to borrowers throughout all crypto markets
No exorbitant fees
No strenuous onboarding process
No term negotiation

dAMM finance is all geared towards offering transparent, economical, and decentralized lending and borrowing to institutional investors while taking the crypto lending platform development to the next level.