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Crypto Lending Platform Development Guide

What's covered in this book?

Platform Functionality Requirements

Essential functions checklists for user module, token listing, token lending, valuation etc.

Crypto Lending Technology Stack

Recommended blockchain tech stack, frameworks, infrastructure requirements, wallet integration etc.

Key Security Aspects

Checklists for Platform security, General security, Operational security, etc.

Crypto Lending Platform Overview

Platform characteristics and functionalities, basic minimum of modules and extensions.

Lending Process Flow

High-level process flow of lending, borrowing and wallet transactions

Development Roadmap

High level development roadmap, dependencies, Gantt charts, development functions, etc.

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Crypto Lending Platform Development Guide.

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How to develop a crypto lending platform

How to Develop a Crypto Lending Platform?

In a fully fledged crypto lending platform, the lenders can lend their cryptocurrencies in the platform and receive interest from the borrowers. The platform would bare minimum need one customer module and an admin module.

Crypto Lending Customer Module

Linking wallets to the platform and lending crypto based on predetermined criteria is the basic functionality of this platform. The tokens need to be locked according to the predetermined criteria.

Admin Module

Admin will be able to manage the overall functioning of the platform including setting lending amount, interest rates, reward percentage, lockin perios, set campaigns and more.

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Rahul AR
Meet the Author

Rahul A R - CIO, Head of Blockchain @ Accubits Technologies

Rahul A R is the CIO and head of blockchain development at Accubits Technologies. He is a technologist who specializes in Blockchain technologies. He has helped businesses ranging from tech start-ups to Fortune 500 companies develop their blockchain strategy and build several decentralized applications. He emphasizes Defi, NFTs, Custom blockchain development, custom protocols, consensus mechanism development, and interoperable blockchain applications.

Need Help With Blockchain Development?

Accubits is one of the most well-known blockchain development companies across the globe. We offer end-to-end blockchain development services for Defi to meet your specific business requirements. Following are selected development services we offer;



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FAQs & Frequently Missed Questions

Some key questions and answers concerning crypto lending applications are listed below. I hope you will find this helpful.

As the term suggests, auto lending makes life easier for platform users. The platform can take care of the lending mechanisms on the user's behalf. Due to the same reason, demand for auto lending is booming in the market. We'd suggest incorporating auto-lending capabilities in the lending platform.
DeFi Pulse said crypto-assets locked to DeFI projects this year (Nov 2021) grew 385%, which is tremendous growth. If this trend continues, the industry size could reach $800 Billion by 2022. This growth is due to the recent updates in the DeFi, such as lending, staking, yield farming functionalities, etc. The emergence of lending crypto assets has opened up a wide range of opportunities for traders to generate additional revenue. In plain words, DeFi staking refers to the process of lending crypto assets into a smart contract and earning interest from the borrowers.
Crypto lending platforms can have multiple options and features for web and mobile apps. The cost, as evident, is determined by the nature of the project. A decent lending application could cost between $10K and $60K, and a feature-rich platform could cost between $100k to $250k.
You can launch your product in a week with our Whitelabel solutions. Contact us today to learn more about our Whitelabel platform offerings. The development of a bespoke crypto lending platform might take eight weeks or more, depending on the platform's features and functionalities.

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