Volatility in the crypto market: The cryptocurrency market is known for its high volatility, witnessing many significant crashes. From the crypto winter of 2018 to the collapse of FTX in 2022, investors and borrowers realize the necessity of strategy and resilience to navigate the market.
8lends’ approach: 8lends combines stability and innovation in its lending method. The platform allows borrowers to use physical assets like machinery and real estate instead of volatile crypto to secure loans, protecting value even during market downturns.
Insurance process and safety: 8lends establishes an insurance fund to protect investment funds, allocating a small portion of each investment into a collective insurance pool. If the borrower fails to repay, this fund compensates investors, minimizing financial risk.
Transparency and compliance: 8lends complies with Swiss regulatory standards and utilizes blockchain transparency to ensure safety for all financial activities. This opens opportunities for both new and experienced investors to engage in the DeFi world with low risk.