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A comment on The old internet died and we watched and did nothing. Parent comment

Re:The old internet died and we watched and did nothing by nipponese on Tuesday December 31, 2019 @12:19PM (#21922642)
Decentralized lending via Ethereum smart contracts is now a real thing. Check out this out in a dApp browser like Coinbase Wallet: https://app.compound.finance/

I’m current earning 3.5% apr by lending out USDC (Coinbase’s stablecoin) via dApp.

EDIT: I guess I am being downvoted because people think this is spam? I only have a disincentive for people to use this dApp: as more liquidity gets added to the pool, my payout interest rate goes down.

[ Parent | on HN ]
Re:The old internet died and we watched and did nothing by Can_Not on Wednesday January 01, 2020 @02:51PM (#21930114)
To be fair, "I give out vague loans in internet money" doesn't naturally default itself to being a good thing, and namedropping "smart contracts" and assuming that means anything aside from spam&scam technobabble to people outside of the ethereum is a bit of a miss on your part.
[ Parent | on HN ]