This is a chapter from the Token Economy book series. All subchapters are collapsed under their subchapter headings to make the page more readable. Find copyright information on this text and about the book an the end of the page.
Decentralized lending services use smart contracts to create marketplaces for a tokenized credit and lending system for any type of asset. In theory, any fungible and non-fungible token that represents a currency, commodity, security, real estate deed, artwork, or SME share could be tokenized and collateralized. In combination with decentralized exchanges using liquidity pools, decentralized lending protocols can provide a multi-sided marketplace not only between lenders and borrowers, but also sellers and buyers of tokens. Tokenization of assets in combination with tokenized credit and lending services and liquidy pools could eventually lead to a convergence of money, financial markets and the real economy.
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Intro
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Tokenized Lending
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Tokenized Borrowing
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Over-Collateralization
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History of P2P Lending Protocols
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Flash Loans & Flash Attacks
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Staking
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Challenges & Outlook
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Chapter Summary
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Footnotes
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References & Further Reading
This is an excerpt from the book “Token Economy: Money, NFTs & DeFi”
RIGHTS
Copyleft 2023, Shermin Voshmgir
Creative Commons CC-BY-NC-SAÂ
NON-COMMERCIAL USE
This license only allows reusers to distribute, remix, adapt, and build upon the material in any medium or format for noncommercial purposes only, so long as attribution is given to the creator. If you remix, adapt, or build upon the material, you must license the modified material under identical terms.
COMMERCIAL USE
For commercial use contact:Â hello@token.kitchen
BibTeX
@book{title={Token Economy: Money, NFTs & DeFi}, author={Voshmgir, Shermin}, year={2023}, publisher={Token Kitchen} }