Interest accumulating tokens, otherwise known as iTokens are a representation of a share in a lending pool where funds are lent

19 Sep 2021, 14:10
Interest accumulating tokens, otherwise known as iTokens are a representation of a share in a lending pool where funds are lent from and interest is paid to. These pools constantly rise in value as interest is paid into them, consequently the value of the iToken also rises. $LDFI