No Summary provided as the original text is short
- P2P lending: Peer-to-peer lending lets users lend and borrow directly with each other rather than through a traditional financial intermediary.
- Oracles: Blockchain oracles are external data feeds that deliver off-chain information, such as market prices, to on-chain applications.
- Liquidations: In crypto lending, liquidations are forced position closures that occur when collateral value falls below required thresholds.