Lending
Last updated
Last updated
In BurgerSwap's Lending, users can contribute their tokens to a large liquidity pool (a “market”) for other users to borrow. Hence, they can become a "lender", lending out their tokens to others. The borrowers, which borrow tokens from this liquidity pool, will pay an interest rate. All the lenders will then share the interests that the borrowers pay into the pool with the percentage depending on their total contribution to the liquidity pool. For example, users can mortgage their USDT or BURGER tokens to earn rewards.