Post
Topic
Board Tokens (Altcoins)
Re: [ANN][IDO] DECENTRALIZED LENDING, GOVERNANCE, AND FIAT LIQUIDITY DAPP
by
Mcinroy
on 01/09/2020, 00:50:49 UTC
With DeFi loans requiring no proof of identity and instantaneous disbursements, there are clear advantages for techy savvy users looking to obtain additional capital. But, with the setbacks listed above, it’s safe to say that DeFi lending is current trustless at a cost.
Like other Ethereum-native tokens, users will be able to transfer these tokens off their Vault to any other ERC-20 compatible wallet. But it’s unclear whether or not exchanges will support markets for these coins.