Thanks for the response, I didn't realize Eth had this ability. I was taking issue with the statement of the "key innovation of crypto is that it's supposed to

Thanks for the response, I didn't realize Eth had this ability. I was taking issue with the statement of the "key innovation of crypto is that it's supposed to reduce the risk of lending" which I don't think you are agreeing with. It's not clear to me that increased liquidity would solve their problem. I'm not against DeFi, but the spectacular failures are proving that it's not nearly ready for prime time.