bZx Description
You are in complete control of your keys, whether you're a borrower or a lender. You don't have to worry about opaque central exchanges being hacked or your funds being stolen. You can make money with assets you already have in your wallet, without losing control. Margin loans have much lower interest rates than traditional loans, but they are also safer. To compensate lenders for the possibility of an exchange being hacked, traders on centralized exchanges are required to pay higher interest rates. Decentralized margin lending makes trading more affordable. pTokens and the iToken are powerful financial primitives. pTokens represent short-term and leveraged positions, while iTokens are tokens whose value increases from earning interest. These iTokens or pTokens may be used as collateral for loans or listed on any exchanges to enable instant margin lending and trading.