Lido is an entry point for new and existing Ethereum apps and protocols. It can be used as a collateral for lending or other trading DeFi solutions.

Lending is the activity of borrowing money to someone and getting interest in return. Traditionally lending was solely performed by banks but recently more and more lending solutions are offered. Marketplace lending is a relatively new kind of online lending. It uses online “platforms” to connect consumers or businesses who seek to borrow money with investors willing to buy or invest in the loan.

Decentralized Finance (DeFi) combines all kind of financial applications, from storing or sending cryptocurrencies, to borowing, earning of interest and making investments without a bank. With zero-to-negative interest rates and a lack of transparency in the traditional financial system, they are an attractive alternative.