What do you think about DeFi lending with under-collateralized loans?
1 min read
The DeFi lending market has been heating up in recent months and has lately been the most talked about topic in 2020 and even today. Every day, more investors are transferring their assets to DeFi. Lending and borrowing systems are getting increasingly popular as well.
However, I believe that the entire crypto field is still in its infancy. DeFi isn’t going anywhere anytime soon either. The decentralized space will continue to grow, and as early adopters, we need to profit from it. Sure, we love the technology behind it, but we also want to make money.
We can be our own banks thanks to decentralization. We already have options to make it happen. So I was intrigued when I read this article. According to Open Protocol, it is intended to promote simple access to instant under-collateralized loans so that DeFi users can learn firsthand how to get the most value out of our collateral while borrowing.
What are your thoughts?
submitted by /u/BeginningPutter
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