Debunking DeFi (w/ Bennett Tomlin of Crypto Critics' Corner)
GRIFTONOMICS
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Is That Really Real?
There is such a demand for leverage and for barring against cripipto assets. If you're clateralizing aloan with bitcoin in etheorium, you likely want something like us d c as what you're actually getting as the loan value. These rtes are waigh below 20 % to be almost always, with rare exceptions. You'll sometimes see on certain a exchanges that offer a lot of leverage. When things start to get screwy, there'll be a brief like super high demand for stable coins,. people want to borrow to bet.
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