Key things to keep in mind for the DeFi Lending Platform Development
norajohn last edited by
There are a few key things that I would recommend you keep in mind when planning your lending platform:
- Choose a project that aligns with your vision. If you're not passionate about the project or the idea, then it's not going to work. You'll be putting in a lot of effort for nothing.
- Start small. Don't go all-in with a huge team and lofty funding goals. Your platform will likely take time to build and grow - you don't have to have everything figured out right away.
- Be careful with your initial investment. Oftentimes, people will invest more than they can afford, trying to get their foot in the door and end up having to liquidate their assets to stay afloat.
- Be patient; this is a marathon, not a sprint. There are going to be ups and downs but if you stick it out long enough then you'll find success