Here are some of the new trends in DeFi Lending and Borrowing Platform Development:
Liquid Staking
Liquid staking allows users to earn staking rewards without having to lock up their assets for a set period of time. This is done by issuing liquid staking tokens, which can be traded or used in other DeFi applications.
NFT Lending and Borrowing
NFT lending and borrowing platforms allow users to borrow and lend non-fungible tokens (NFTs). It can be useful for users who are willing to invest in NFTs but don't have the upfront capital. Or users who want to use their NFTs as collateral for loans.
Cross-chain Lending and Borrowing
Cross-chain lending and borrowing platforms allow users to borrow and lend assets across different blockchains. It can be useful for users who want to diversify their portfolio or access assets on different chains.
Decentralized Governance
Many DeFi lending and borrowing platforms are now using decentralized governance models. It means that users have a say in the development and management of the platform.
Integration with Traditional Finance
Some DeFi lending and borrowing platforms are now integrating with traditional financial institutions. It can help to make DeFi more accessible to a wider range of users.
In addition to these trends, we are also seeing the development of new DeFi lending and borrowing platforms that are specifically designed for certain use cases like real estate and gaming.