Post by @stani • Hey

Under collateralized lending is not the issue, its bad risk management https://www.dlnews.com/articles/defi/goldfinch-borrower-lend-east-defaults-says-warb

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How does crypto generate under collateralized lending? It is a necessary innovation.
90% or more of all consumer loans in tradfi are unsecured loans. Defi will eventually have to come up with a similar option. Provenance, reputation score, credit worthiness assessment based in onchain behaviour, smart contracts allowing cross dapp Caveats - so many things yet to be ironed out
Hey Stani, what do you think about intent-based lending? We're working on it on Astaria.
Agree. In pursuit of profit they don’t think about it
goldficnh already done