# Introduction Lendex is a pioneering decentralized lending protocol on the BNB chain, offering a unique blend of security, efficiency, and accessibility in the world of decentralized finance (DeFi). Our platform is designed to leverage the advantages of the BNB chain, notably its lower fees and faster transaction speeds, to provide an optimal lending and borrowing experience. Lendex allows users to supply crypto assets as collateral to borrow the base currency like USDT and USDC. Currently, popular cryptocurrencies like BTC and ETH can be used as collateral. The loans are overcollateralized, and collateral will be liquidated automatically if its value falls below the threshold. What makes Lendex different is that we also allow users to earn interest by supplying the base currency to the protocol. These funds are then lent out responsibly to generate returns. The interest earned also increases the protocol's capacity to issue more loans. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://lendexfi.gitbook.io/lendex-whitepaper/introduction.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.