Interesting project, can be an opportunity for quick funds and liquidity in a bull market. As they are bagged to stable, the bear market can be tricky for this type of loan.
Depending on collateral, it can be tricky if it is going the bear market way, as collateral will be worth much less.
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Yeah, i agree. Bear market will be tricky, not even HBD is pegged properly adding to the variance. HIVE would need to drop by 50% 3 times roughly to get back to where was between 12-15 cents and there's alot of space in between as well.
I can't even say short term loans help with risk because we're talking about crypto and the price can drop 20% in a single day.