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Iron Bank is currently one of the best lending protocols on DeFi, and it is also well known for its efficient yet user-friendly application. This article will guide you on how to use Iron Bank, including its main features of lending and borrowing. Iron Bank Overview Iron Bank is a decentralized lending platform protocol that provides and allows users to borrow (mortgage) without collateral. The platform uses smart contract automation to provide protocol-to-protocol lending through whitelisting, as well as undercollateralized and uncollateralized lending. Fixed Forex (Keep3r Network), Yearn Vaults (Yearn Finance), Alpha Homora (Alpha Venture DAO), Multichain, PleasrDAO, and others are among the partners. While it is primarily intended for protocol users, non-protocol users can also supply and borrow on Iron Bank. For more information, visit here: What is Iron Bank? Everything you need to know Notable Points Before Using. Iron Bank is currently only available on ... Source : ...

Moremoney is a lending protocol for opening over collateralized debt positions using liquidity pool tokens, interest-bearing tokens and other major tokens as collateral. Simply put, with Moremoney, users can keep their position, keep earning yield, and still extract liquid cash. How Does It Work? We have Alice, she is here to get $MONEY: Alice holds a single asset, e.g., AVAX, JOE, PNG, or Liquidity Pool Tokens (LPT) in a supported pair.She deposits these tokens into the Moremoney lending contract and requests a certain amount of $MONEY as a loan.The lending contract withdraws the LPT from her wallet and deposits it into a yield-earning contract, such as an incentive contract run by the DEX or a Yield YAK folding strategy for Benqi or Banker JOE.Then it mints the requested amount of $MONEY to Alice's wallet, taking a minting feeThe contract checks the minimum collateralization ratio for Alice's account holds using a price oracleAlice can now trade $MONEY on exchange, add ...