Pledge PLGR current price is $0.000562 with a marketcap of N/A. Its price is -4.69% down in last 24 hours.
Unlike most available lending protocols, Pledge won’t be focused on crypto traders borrowing digital assets in real-time for day trading. Instead, Pledge answers the need for longer-term financing, mainly serving crypto-asset holders to diversify their portfolio with non-crypto assets, e.g. real estate, without the friction of portfolio rebalancing. By reducing the exposure to interest rate volatility for borrowers/lenders, Pledge resolves the missing, core component in the existing DeFi world thus creates a decentralized lending market that will accelerate the adoption of DeFi apps in people’s daily financial activities.
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