> For the complete documentation index, see [llms.txt](https://chocolateswap-1.gitbook.io/chocolateswap/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://chocolateswap-1.gitbook.io/chocolateswap/intro/key-components/lending-and-borrowing.md).

# lending and borrowing

ChocolateSwap also offers a decentralised lending service that allows users to borrow or lend digital assets. Features of decentralised lending include:

Unsecured borrowing: Some lending products do not require collateral, allowing users to access funds more easily. 

Flexible interest rates: Borrowing rates are automatically adjusted based on market supply and demand, enabling a fairer and more flexible borrowing experience. 

Safety and security: Decentralised lending is achieved through smart contracts, ensuring safety and transparency in the lending process.