Lending Protocol
German: Kreditprotokoll
A contract-based pool where depositors supply assets and borrowers draw against overcollateralised positions at algorithmically set variable rates.
Why people look this up
Readers comparing it to secured lending or repo and asking what happens on default.
Auf Deutsch
Kreditprotokoll — Ein contractbasierter Pool, in den Einleger Vermögenswerte einbringen und aus dem Kreditnehmer gegen überbesicherte Positionen zu algorithmisch bestimmten variablen Zinsen ziehen.
Related terms
Looking for how this maps to its traditional-finance counterpart rather than a standalone definition? See the Term Bridge, which also flags where the obvious analogy is wrong.