# 9.3 Decentralized Finance (DeFi)

**Decentralized Finance (DeFi) Opportunities**

* **Lending and Borrowing:** Users can **stake $NANO tokens as collateral** to access decentralized loans, providing **liquidity without selling their holdings**. Borrowers benefit from **low-interest rates**, while lenders earn passive income.
* **Yield Farming:** $NANO holders can **participate in liquidity pools** on decentralized exchanges, earning rewards for **providing liquidity and enhancing market efficiency**.

Nanora’s DeFi ecosystem **expands financial opportunities**, empowering users with **secure, permissionless lending and yield generation.**
