RE: Lend Bitcoin for Profit or Take Loans for Collateral

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Lend Bitcoin for Profit or Take Loans for Collateral

in bitcoin •  5 years ago 

I like using Compound for Dai. You get to earn interest on your crypto while still holding the keys! I'm using it through the Argent wallet.

bitcoin esteem
5 years ago by

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      ·  5 years ago 

    It however isn't decentralized at all. "Noncustodial" to an extent. The main advantage is the fact you can verify actions more since it onchain(reduces financial privacy though).
    But I will digress and say Compouns is pretty cool.
    I excited for some LN alts that are being made like debnk and tradelayer...

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