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stockvaper

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stockvaper

Re: None

Monday, 12/14/2020 10:31:47 AM

Monday, December 14, 2020 10:31:47 AM

Post# of 38164
DeFi loans explained in less than 3 minutes.

DeFi loans are one of the fastest-growing parts of the cryptocurrency ecosystem. They allow crypto holders to lend their assets to others and earn interest.

In brief

- DeFi loans are one of the fastest-growing sectors in blockchain and cryptocurrency.

- Holders of assets can lend them to others and earn interest on the loan.

- Borrowers have to put up collateral above the value of the loan to protect against price fluctuations.

https://decrypt.co/resources/what-are-defi-loans-ethereum-maker-aave-explained-learn
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