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RE: ETHLend, It is Official I Have a 10 Bagger in the Books!
Hmmm....I was not aware of this project for some reason.
You think it's a good HODL investment even at these prices? How do these platforms deal with defaults and/or crashing crypto prices?
If the SALT platform take crypto collateral and gives out cash, but then the crypto crashes and the collateral is worth less than the loan, what happens?
I am not one to worry about long term scenarios. We are still very early on in Crypto. You will have to research how each project handles it. I imagine it is just like a regular loan in Salt's case.