Could you share the smartcontract address and which project is this which you are part of? I would like to check.
Keep in mind that no one will accept your collateral if it's in form of a random ERC20 token with no volume or liquidity whatsoever. Or even if it has liquidity, it could have a sharp drop before the smartcontract unlocks it.
Keep in mind that no one will accept your collateral if it's in form of a random ERC20 token with no volume or liquidity whatsoever. Or even if it has liquidity, it could have a sharp drop before the smartcontract unlocks it.
They'll probably tell you if you PM them. From what I've seen, the project does seem to have some legitimacy, and has a decent amount of liquidity/volume relative to the project's size. The gamble for a lender would essentially just be whether or not the project rugpulls or has some kind of incident that crashes the price before the loan is repaid. I'd be tempted to fund the loan but I have no confidence in my smart contract verification skills
