Re:DeFi risks and the decentralisation illusion
by idiotsecant on Tuesday December 21, 2021 @01:05PM
(#29640183)
Borrowing money in exchange for a promise to pay it back isn't really a thing in defi (and I'm not sure it ever could be?) All DeFi i'm aware of is based on borrowing less than the value of some asset you stake to assure your repayment. It's definitely a different thing than most people think of when they think 'loan'
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