There is many in the space that are going to be great for you:
DefiSaver is one that is pretty helpful, their smart contract lets you go between the different platforms to go on the one with the highest interest and the one that you trust.
IEarn.Finance is one of the newer ones, has a pretty attractive APR at the moment but hasn't been around for that long.
Check out LoanScan.io as well, as they post everything on there.
Happy DeFi
Who takes out loans with these guys, when there is a 50%( 50k on 25k!) collateral needed?
With 8% interest rates on crypto* are they not overcollateralized as **, as in, they have way more people "investing" in them than people taking out loans?
Why would newer platforms offer higher APR than older more established platforms which probably securitize more loans? Who's taking out loans on these new platforms, especially when you need to overcollateralize by 50%? (I'd be wary of new platforms running with my collateral!)
I don't understand these Lending platforms, and what i do understand about them just makes them look scummy to me, for example, sites such as Celsius and Nexo only let you earn high interest over the first x bitcoin, and on top of that, they want you to not put that money in bitcoin, but into their shit token??
Celsius, Nexo, and BlockFi are all custodial versions of this. I would never lump this into the Decentralized Finance that ETH is promoting. These are people that hold your money and then provide you interest, like a bank, but without the safeguards of a traditional bank (in the US think of the FDIC, in EU I know you guys have something similar)
But typically people who are taking out these loans are using the money to use margin to bet on crypto -- either up or down, and they are paying people 7-10 percent for the usage of their money (this is going to differ from platform to platform) I think DeFi is amazing though, very cool, as no one has control of your money besides a smart contract. Trust the code is what you do in DEFI. There are some other risks present as well, but I've relaxed those for a moment.
Coinbase Earn has some info on learning about DAI (a decentralized stablecoin) if you're interested.