Decentralized Finance Lending with EZfinance: An Implementation and Analysis Approach

Abstract

This study aims to take a closer look at decentralized finance (DeFi) lending, specifically through the platform EZFinance. EZFinance is a type of lending system that allows people to lend and borrow money using cryptocurrency. Unlike traditional banks, DeFi lending allows anyone to act as a lender and earn interest on their assets. EZFinance’s platform is designed to be transparent, open-source, and easy to use. It utilizes lending pools, where users can add their assets and have them quickly loaned out to borrowers through the use of smart contracts. This is a different and efficient way to lend and borrow money compared to the traditional banking system.