I'm very interested in learning how to create a liquidity pool, but I haven't stopped to study it yet. So, who is already making a lot of money from pools?
To explain it better, on-chain loans are financing operations operated directly on blockchains through smart contracts. In this dynamic, borrowers must provide collateral in crypto assets, often over-collateralized, to access liquidity in other cryptocurrencies or stablecoins, while lenders deposit their funds in liquidity pools and receive interest on the amount borrowed. The main benefits include global accessibility, transparency, lack of credit analysis, and rates determined by supply and demand. However, there are risks, such as asset volatility that can lead to automatic liquidation of collateral, vulnerabilities in smart contracts, or flaws in the protocol design. DeFi has been growing rapidly and, as a result, offering new possibilities, but they require caution and technical understanding from users.