Stable Interest Rates on the Blockchain - SmartCredit
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Hey DEFI TIMES community, Have you ever used lending protocols on the Ethereum blockchain? If the answer is yes, you probably noticed one problem stopping them from mass adoption: variable interest rates. When you borrow tokens from a lending pool like Compound, the interest rate is determined by supply and demand. Unfortunately for the borrower, the interest rate can change quickly to the upside if the token supply reduces.
Stable Interest Rates on the Blockchain - SmartCredit
Stable Interest Rates on the Blockchain …
Stable Interest Rates on the Blockchain - SmartCredit
Hey DEFI TIMES community, Have you ever used lending protocols on the Ethereum blockchain? If the answer is yes, you probably noticed one problem stopping them from mass adoption: variable interest rates. When you borrow tokens from a lending pool like Compound, the interest rate is determined by supply and demand. Unfortunately for the borrower, the interest rate can change quickly to the upside if the token supply reduces.