DeFi App Launches Blockchain-Powered Lending for Tuition Fees of Filipino Students

What is a Liquidity Pool? DeFi AMMs & Liquidity Pools Explained

Decentralized finance (DeFi) is one of the biggest crypto-based ecosystems, comprising all decentralized applications that offer financial services to users.  Examples of such applications include decentralized exchanges (DEXs), lending protocols, yield farming projects, etc. And while these applications differ in their services, their operations revolve around the same fundamental concept – liquidity pools. Simply put, a crypto liquidity pool i…

DeFi App Launches Blockchain-Powered Lending for Tuition Fees of Filipino Students

Initiating education lending as a new use case for tokenized real-world assets (RWAs), decentralized finance (DeFi) startup Pencil Finance launched a $1 million on-chain fund in decentralized financing to support tuition needs in emerging markets such as the Philippines and Indonesia. Crypto Student Loans According to Pencil Finance, the initiative is built on the Arbitrum-based...