Quote from: Timelord2067 on May 02, 2024, 01:04:03 AM

Quote from: DaveF on April 27, 2024, 02:55:44 PM

Technically this loan *is* gambling.

But why be critical of this person taking out loans to gamble when there is another (ban evasion) user who is doing the same thing and you are facilitating their loans - why cherry pick who you are critical of when they are both lending to gamble?

I'm not, but there is no profit here.
A 3% per month loan on this amount is $180 a month. There are other lending opportunities here and other places that are 3x to 4x that.

1st line from the 1st post

Quote from: dissontor on April 20, 2024, 03:32:29 PM

I only registered because there's no DeFi market currently that accepts RSR as collateral.
...

There is a reason for that.
When people are putting out loans at 15% a month and will not even accept 5x the amount of your loan amount with that token as collateral for it really is just an unsecured loan.
So for me the risk / reward is not there. Not saying it does not work for someone else.

-Dave