Cardano Introduces New Kind Of Lending And Borrowing

Cardano-based Liqwid Labs has recently shared an exciting announcement on the newly developed peer-2-pool lending and borrowing solution. The new feature is already live on Cardano's preview testnet. The new solution utilizes the custom-built Liqwid Smart Contract that ensures custody, escrow and settlement between suppliers and borrowers. The collateral asset is deposited in the smart contract and held there for the protection of the supplier.