what would happen to my funds if i.e. I provide ETH as collateral to borrow DAI, but then, the DAI liquidity is drained out from the pool by a big whale?
Perhaps a stretch, but is there any chance of a long con where a platform (or a collection of platforms) accumulates such a mass of a specific crypto through so many staking their crypto that a bad acting platform can launch some kind of attack like a 51%?
Based on the Loan-2-Value ratio, now we have a money multiplier and subsequent inflation in crypto finance and first who spend the crypto into other unique digital asset(NFT) will take value from those who want to buy later.
Do you see any risk with all of these loans pooled together creating a false sense of security? What would happen if the crypto market undergoes a major sell off?
Love how you explain blockchain technology; it’s such an important topic.
what would happen to my funds if i.e. I provide ETH as collateral to borrow DAI, but then, the DAI liquidity is drained out from the pool by a big whale?
How does loan recovery works
Perhaps a stretch, but is there any chance of a long con where a platform (or a collection of platforms) accumulates such a mass of a specific crypto through so many staking their crypto that a bad acting platform can launch some kind of attack like a 51%?
What happens when rhe government unleashes their quantum computer to cause havoc in the defi space?
How is the interest rate determined? Do they have fixed term saving and borrowing yet? Thanks!
Based on the Loan-2-Value ratio, now we have a money multiplier and subsequent inflation in crypto finance and first who spend the crypto into other unique digital asset(NFT) will take value from those who want to buy later.
Do you see any risk with all of these loans pooled together creating a false sense of security? What would happen if the crypto market undergoes a major sell off?
Sir, please keep creating these video’s. You’re my first “teacher” I actually listen to. (LOL)
This content is awesome!
Thank you for educating us.
Datamine (DAM) top crypto DEFI, a future x10, very good project