Borrowing and Lending

One of the core principles behind Decentralized Finance (DeFi) is its peer-to-peer (P2P)financial transactions. P2P DeFi transaction lets two parties come together in an agreement to exchange cryptocurrency for services or goods, that too without any participation of a third party or intermediary. Whether the requirement is to borrow or lend, Surfpro DeFi leverages decentralized financial apps which use smart algorithms that match you with peers that meet your needs.

All Borrowing and Lending transactions are captured in the blockchain and funds are only received after a thorough verification by consensus. Therefore, Decentralized Finance (DeFi) eliminates the middleman in your transaction such that rather than going to your bank or credit card issuer to borrow or lend, you use a digital currency and have 100% ownership to use it directly. Hence, no single entity has entire control over the transaction as well as can not alter the ledger of the transaction.