Post
Topic
Board Announcements (Altcoins)
Re: [ANN] 📈📈📈 Agile Finance 📈📈📈 Lending & Decentralized Swap Finance
by
AmoreJaz
on 18/11/2021, 20:40:36 UTC

Many people who have cryptocurrency do not want to sell their cryptocurrency because cryptocurrency market raise. That is why they take loans using collateral.

When the cryptocurrency market raises many people to prefer to hold their crypto assets and do not sell them.
That is why collateral in cryptocurrency is popular and is actively used in DeFi.

Passive income attracts many people. That is why a lot of people prefer to hold their assets to earn money on the raising market. But nobody knows how long to hold assets and how long the market will raise.

this is the problem of most defi platforms offering passive income. because it depends on how strong their business is, if you are able to really get passive income. because if they fail to attract clients, passive income may be good at the start but it can easily drop as time goes by. so the platform should not rely from the users who will buy their tokens but they should have other means how to generate their income. maybe a tangible product or service that can give them continuous flow of income.