Introduction to Oolong lending
Oolong Lending is a decentralized lending protocol built on OolongSwap with our partner Ola Finance. Here, users can lend and borrow whitelisted assets, allowing users to utilize different DeFi investment strategies.
- 1.Lend tokens in your wallet out to earn reward tokens and interests paid by borrowers with no IL loss
- 2.Use your current tokens as collateral to borrow other tokens, give you access to new assets without selling the current ones
- 3.Leverage a long position on a token
- 4.Enter a short position on a token
- 5.Borrow a token for a lucrative liquidity mining opportunity, while limiting exposure to the token