Don't panic, it's FAQ now
What is a crypto line of credit with no collateral?
Most lending platforms require institutional borrowers to post collateral to obtain capital, which drastically reduces capital efficiency. Liquidity is locked up on overcollateralized platforms, and borrowers are forced to deploy capital upfront to obtain a crypto loan, which is a blocker for many use cases.
On the Atlendis protocol, once institutional borrowers are whitelisted, they can quickly and easily access a crypto line of credit to meet their recurring liquidity needs. This dedicated liquidity pool(s) is always available for borrowers as needed, therefore increasing capital efficiency without the intervention of a third-party.
Can you get a crypto line of credit with no collateral?
The Atlendis protocol only works with institutional borrowers, including dApps and protocols.
What are the advantages of a crypto credit line with no collateral?
A crypto credit line with no collateral upfront opens a much wider range of use cases and increases capital efficiency. For example, liquidity is locked up on other DeFi platforms that overcollateralize loans and cannot be used until the original loan is paid off. This drastically decreases capital efficiency. Crypto credit lines on the Atlendis protocol are more flexible for borrowers.
Why choose Atlendis for borrowing crypto without collateral?
Digital currencies have opened up a wider range of possibilities for DeFi borrowing and lending than TradFi, by removing the need for third-party intermediaries and saving time and cost.
Atlendis’s capital-efficient DeFi lending protocol facilitates access to crypto loans for both institutional borrowers and lenders, while increasing capital efficiency for both sides. Once borrowers are whitelisted and allowed access to the platform, they can instantly open their own liquidity pool(s) without having to lock any collateral upfront.