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RE: LeoThread 2023-12-16 16:59

in LeoFinance11 months ago

REPO loans on Blockchain would be a great initiative. It would open up another powerful usecase for cryptocurrency. Being on a Decentralized system, REPO loans would be transparent.

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i also thought about the transparency, but are we going to have another system that is far different from centralised way, or what did you think about RePo introducing?

Yes, that's why decentralization with cryptocurrencies is incredible, having transparent and immutable asset-backed lending is a great use case for Web3, plus, there's no need for trust, it's all a smart contract.