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9 months ago in LeoFinance by manniman (68)
$6.40
- Past Payouts $6.40
- - Author $3.22
- - Curators & beneficiaries $3.19
- > leofinance: $0.16
145 votes
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I don't understand the logic of this. Who lends out the assets and why?
So why would anyone lend money?
None would, besides the Rune protocol itself. The greater idea is to create traffic and cause fees greater than the risk taken on and for some of the loans to never get payed back ever obviously.
So far the numbers look good, I would assume "IF" their lending protocol survives the first Bear Market and "IF" it doesn't run into an deadly exploit, it will do just fine.
Overcapitalized loans should never cause any interest, that is very logical to me.
Without liquidity can one actually use the money
Sure you can.
These features make it interesting.
Rune is very interesting.