> For the complete documentation index, see [llms.txt](https://docs.townsq.xyz/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.townsq.xyz/crosschain-lending-and-liquidity-features/lending.md).

# Lending

Lending on TownSquare allows you to deposit assets to be borrowed by others, earning you yields in base interest fee (base APY) & incentives.

Unlike a market model where liquidity is divided into several lend/borrow pairs for an asset, lending deposits on TownSquare pools can be borrowed against any collateral, increasing capital utilization and potential lending yield.

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#### User guide

Refer to the [Deposit to Earn guide](/user-guide/deposit-to-earn.md) for how to lend and earn on TownSquare.