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Market capitalization: $3.57T
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Magnify Cash
MAG

About Magnify Cash

Magnify Cash is a lending protocol designed to overcome the constraints of conventional lending by accepting diverse collateral types, including ERC-721 and ERC-1155 tokens. It enables loans to be issued in any ERC-20 token and automates loan issuance and management, reducing manual processes and increasing flexibility for lenders and borrowers. Lenders benefit from lower gas fees, automated processes, and dynamic loan term adjustments, while borrowers gain access to multiple currencies, fixed interest rates, and customizable loan terms.

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