Decentralized lending agreement Aave announced the issuance of credit entrusted loans to the decentralized exchange DiversiFi. The “Credit Delegation” (CD) service allows Aave depositors to entrust their credit lines so that users can borrow without collateral. For example, a depositor deposits assets such as USDT into Aave and entrusts its credit line to another party (borrower). The borrower can withdraw funds such as ETH from Aave Protocol without collateral. Both parties must sign a formal legal agreement to determine the terms of the repayment schedule, interest and other necessary conditions, which will be done by OpenLaw (the project behind The LAO).