What benefits does Lista Lending bring to the BNB Chain lending innovation?
1. Advantages of Lista Lending compared to traditional lending platforms
Lista Lending utilizes advanced interest algorithms, compared to traditional lending platforms, its most direct benefits are reflected in the following aspects:
Lower Borrowing Costs: Traditional lending platforms usually adopt fixed rates or standard rates based on historical data, which may lead to borrowers paying excessively high interest when market interest rates are low. Lista Lending calculates interest based on real-time market changes through dynamic algorithms, thus providing users with lower borrowing costs. This means ordinary users can obtain loans at lower costs, saving on interest expenses.