DeFi leverage

DeFi leverage

Report

DeFi leverage

BIS Working Papers | No 1171 | 13 March 2024by Lioba Heimbach and Wenqian HuangPDF full text (759kb) | 46 pagesSummaryFocusThis paper focuses on a key pillar in the decentralised finance (DeFi) ecosystem – DeFi lending platforms. Borrowers on these platforms get collateralised loans, which are similar to repurchase agreements (repos) and securities lending.

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