# The Expansion ![](/files/dsjVfsxKrUJmNO7HJH6H) Throughout our updates and releases, Feeder Finance P2P Lending will grow its use cases from simple token collateral/lending to NFT lending and finally Decentralized Lending Exchange (“DLEX”). **Here is the flow of improvements:** Q1-2022 * Launch P2P Lending with Lender and Borrow Offers and Bids Q2-2022 * Marketplace created for the trading of loans; through its embedded NFT technology * Adding support for lending and borrowing of NFTs Q3-2022 * Adding DLEX functionality, which in simple terms are a pooled P2P lending structure allowing exchanging of tokens between lenders and borrowers using fixed terms set by lenders. This would essentially allow lenders to “be their own bank/pawnshop”. **How do any of these products/features improve DeFi?** ![Feeder Finance P2P Basic Flow](/files/8E27VxpHRGPnf5fFb1ua) * **Basic P2P Lending:** Allows any token to be lent or borrowed, creating liquidity for investors that otherwise would not be possible. * **Better Economics with Receipt Tokens:** As the collateral grows in value/quantity, borrowers are able to reduce their borrowing cost; in some cases even eliminate it. In turn, lenders are also able to demand higher rates. A win-win scenario for both parties. * **Insuring Yield Farming:** As investors yield-farm with vaults, they could see those assets as risky, be it from price fluctuations or exploits, and seek insurance options. Taking out a loan effectively offers partial insurance coverage of those assets. * **The Loan Marketplace:** P2P lending has one pain point, it locks up capital for the lender. The launch of the marketplace not only gives the lender liquidity but also allows for long-term loans to be created as lenders would be more willing to lend if they are able to exit prematurely. * **DLEX:** Creating loans on an individual basis allows for opportunistic lenders or borrowers to strike advantageous deals. Nonetheless, lenders wanting to scale their lending business could opt for a pooled option where terms are set and funded in advance, letting borrowers come in with assets that meet the terms and automate the lending process. ![](/files/lZfnDeLK6RKtEgiJsIwS) --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.feeder.finance/products-and-services/peer-to-peer-lending/the-expansion.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.