Useful information may seem boring under normal circumstances, but you realize its value when things go wrong.
Topic of this lesson: decentralized lending
Mainstream decentralized lending uses overcollateralization: the value you can borrow is less than the value of the collateral.
Borrowing rates are variable. When pool utilization approaches its limit, rates can rise sharply, so factor this cost into long-term borrowing.
Holders of $AAVE can vote on proposals concerning Aave’s interest rates, collateral parameters, and more. Current price: 124.21.
Just my personal opinion—don’t take it too seriously.
Topic of this lesson: decentralized lending
Mainstream decentralized lending uses overcollateralization: the value you can borrow is less than the value of the collateral.
Borrowing rates are variable. When pool utilization approaches its limit, rates can rise sharply, so factor this cost into long-term borrowing.
Holders of $AAVE can vote on proposals concerning Aave’s interest rates, collateral parameters, and more. Current price: 124.21.
Just my personal opinion—don’t take it too seriously.
