How DeFi Credit Protocols Are Reshaping the Lending Market – A Case Study of Freeliquid

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For decades, banks have created friction-intensive lending processes that incur huge interest rates and intrusive checks into people’s private affairs. As part of the traditional financial market, funding a loan entails identity checks, credit checks, income checks, as well as collateralization of real-world assets. After at least a few days of planning and discussing with …