GalaxyDefi is the next AMM, yield farm and liquidity protocol on Binance Smart Chain. Swap, Stake, Farm, Earn, Borrow, & Lend on the next awesome decentralized money market on Binance Smart Chain.

An open source and non-custodial liquidity protocol for earning interest on deposits and borrowing assets.

Browse to the “Deposit” section and click on “Deposit” for the asset you want to deposit. Select the amount you’d like to deposit and submit your transaction*. Once the transaction is confirmed, your deposit is successfully registered and you begin earning interest.

Selling your assets means closing your position on that particular asset. Hence, if you are long on the asset, you would not be entitled to the potential upside value gain. By borrowing you are able to obtain liquidity (working capital) without selling your assets. Users are mainly borrowing for unexpected expenses, leveraging their holdings or for new investment opportunities.