They believe the future of lending and borrowing will manifest itself in a P2P decentralized environment on the blockchain. In their view, traditional financial institutions should no longer control the flow of credit to people across the world. They want to use a consensus-based, Proof-of-Stake approach to allow the Celsius community to borrow, lend and vouch for each other, creating a truly win-win-win self-governed solution for people involved in every step of the credit ecosystem. Members will be able to borrow USD against their crypto holdings in their wallet which will be used as collateral. Their goal is to allow anyone who’s in need of cash to easily borrow from the Celsius platform without having to sell their crypto holdings. In the future, through the Celsius Network, cryptocurrencies deposited by members into their Celsius Wallet will be available on the network for immediate borrowing and shorting.