RE: What is DeFi and Why is it Exciting?

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What is DeFi and Why is it Exciting?

in hive-175254 •  4 years ago 

Dear @metzli

I must admit, that I initially couldn't understand much about DeFi and I still struggle to find (or imagine) any real-use cases. Friend of mine recommended to learn about Compound - have you ever heard about this one?

Definetly you introduced readers to world of DeFi in very smooth and easy-to-read way. Great job on that :)

Now we can take our coins and use them as collateral to get loans in fiat.
Can STEEM or HIVE be used as collateral? Or just major ones like BTC and ETH?

ps. please do not take it as a criticism, but I think it would help you if you would work on improving your english. It's hard to hold readers attention if they end up struggling to understand.

Good luck with the challenge.
Yours, Piotr

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This is an interesting comment. You compliment me for my easy-to-read post, then tell me to improve my english.

?

I have not found any programs that take STEEM or HIVE as collateral, if I do, I will surely write about it.

Happy to see you back and commenting, hope you are doing well during this continued pandemic.

Lol @metzli :)

You're right. I seem to contradict myself lol

stay safe