Post by @noahmason • Hey
Shower thought: what if I could lend or borrow natively through lens ( using aave duh) - let’s say for a car loan of even an NFT for a yield bearing game -
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Social borrowing could work well with graphs
Additional thought as a creator - you can use your on-chain social collect royalties (primary sales and secondary) as collateral. Use that to structure your DeFi liquidity position backed by an expectation of future royalties generated by your social content. Then go buy that car or house. Similar to how the music industry thinks through investing in music IP assets. I've been having a lot of fun earning regularly and passively based on my social content.
Aka decentralized co-signing
nice thought can see that happening as well
Possible, but how would you protect such a dapp from Sybil attacks?
With the amount and lengths of time scammer spend social engineering these days
My life has been a blessing. I’m grateful for everything I do have and the places I’m going and the things I’ve seen