#termmax @TermMax #termmax @TermMax
I used to think lending on the blockchain only becomes truly effective when the collateral is sufficiently liquid. ETH, BTC, or stablecoins can be continuously priced and sold almost immediately when a position runs into trouble. Because of that, I was quite skeptical about putting less liquid assets into lending.
TermMax made me reconsider this when I looked into the physical delivery mechanism. Instead of automatically assuming that all collateral must be sold on the market to handle the loan, this mechanism allows the asset to be transferred directly to the lender in certain cases
#BNB走势
#Binance
#Bitcoin❗
I used to think lending on the blockchain only becomes truly effective when the collateral is sufficiently liquid. ETH, BTC, or stablecoins can be continuously priced and sold almost immediately when a position runs into trouble. Because of that, I was quite skeptical about putting less liquid assets into lending.
TermMax made me reconsider this when I looked into the physical delivery mechanism. Instead of automatically assuming that all collateral must be sold on the market to handle the loan, this mechanism allows the asset to be transferred directly to the lender in certain cases
#BNB走势
#Binance
#Bitcoin❗