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RE: Lend Bitcoin for Profit or Take Loans for Collateral
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.
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.
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...