And while we are at it, can anyone explain to me what is driving the people who are borrowing coins this way? I've been trying to come up with a single reason what's in it for the borrowers, and still can't wrap my head around it. If you have to provide 200% of collateral, how does all that make sense?
Seriously, what's the point?
Seriously, what's the point?
My question is are people really borrowing from this platform? I mean people actually using this lending platform this much to drive such need, because lately Defi project coming up in all directions and all are into lending and borrowing, between what kind of collateral is needed for borrowing btc or eth, I guess am as confuse as you are bro
