# As a lender

One of the key features of decentralised finance (defi is the ability for users to truly ‘be their own bank’. For many this means complete control of their own funds and the ability to use these as they see fit.&#x20;

Part of what this self custody allows is the ability to lend assets to protocols to be utilised by other defi users. On Binance Smart Chain and Polygon, Eleven Finance's Leveraged Yield Farming, incentivises users to lend assets, that can then be used for leveraged yield farming.

At the core of the this platform are a series of eleBANK's, users can stake their assets inside the corresponding eleBANK contract to receive an interest bearing eleBANK token in return. This interest bearing asset will be named according to the asset deposited or lent. This could be eleUSD for users lending stable assets (USDC, USDT or DAI), eleBTC (for users despositng BTC on Polygon), eleMATIC (for users depositing MATIC on Polygon) and eleETH (for users depositing ETH on Polygon). This eleBANK asset pegged at 1:1 with the corrosponding asset at the time a lender lends it to the eleBANK. This eleBANK asset earns interest that is paid by those that borrower the underlying from the bank as they enter leveraged positions to optimise yield farming returns. For more details on the calculation of interest rates across the platform and how these are shared to lenders see here.


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