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>>Decentralized lending, borrowing, trading. When I take a loan from a bank, I may use it for education, a vacation, medical emergency, a car or invest in a bu
by yashg 4y ago
>>Decentralized lending, borrowing, trading.
When I take a loan from a bank, I may use it for education, a vacation, medical emergency, a car or invest in a business which will generate revenue and employment.
What do people do with tokens they borrow in "DeFi"? Given that the tokens can't be used for paying college tuition or a hospital bills or rent or buying a machine?