> For the complete documentation index, see [llms.txt](https://docs.layerk.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.layerk.com/layer-5-dapps/layerk-lending.md).

# LAYERK Lending

## LAYERK Lending 

Lending involves depositing (i.e., supplying) tokens into a lending network. In return for providing liquidity to the lending protocol, users earn interest on the tokens they have deposited. This interest is derived from borrowers who pay interest to borrow tokens from the network.

Lenders have the flexibility to withdraw their tokens at any time, provided that they are not currently being used as collateral for borrowing and not all of the tokens they have deposited are being borrowed.

{% hint style="success" %}
There is no time lock or withdrawal penalty. 
{% endhint %}

{% hint style="info" %}
LAYERK Lending will be released in 2025.
{% endhint %}

## What is the Difference between Borrowing? 

Borrowing involves taking a loan from a lending protocol. Unlike lending, where users supply tokens to a pool of assets, borrowing entails withdrawing tokens from this pool of assets. In LAYERK lending, users are required to first deposit tokens into the lending protocol before they can borrow tokens.


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