AMAZING mega on why Sino Global Capital invested in, lends on, and is 'bullish' on Clearpool. TLDR:.
02 Aug 2022, 02:29
🔥 AMAZING mega 🧵 on why Sino Global Capital invested in, lends on, and is 'bullish' on Clearpool
TLDR:
As credit has been sucked out of the ecosystem, undercollateralized lending has become a larger portion of funding streams
-Borrowing demand from current borrowers: Increase
-Demand from new borrowers to onboard: Increase
-APYs: Increase
- The removal of centralized lenders opens room for undercollateralized lenders to thrive
The solution to the industry's issues is encouraging transparency to ensure that there is oversight over bad actors. Clearpool’s on-chain lending model is a large step in the direction of transparency.
Read more 👇
Same news in other sources
1ClearpoolCPOOL #402
02 Aug 2022, 02:29
🔥 AMAZING mega 🧵 on why Sino Global Capital invested in, lends on, and is 'bullish' on Clearpool
TLDR:
As credit has been sucked out of the ecosystem, undercollateralized lending has become a larger portion of funding streams
-Borrowing demand from current borrowers: Increase
-Demand from new borrowers to onboard: Increase
-APYs: Increase
- The removal of centralized lenders opens room for undercollateralized lenders to thrive
The solution to the industry's issues is encouraging transparency to ensure that there is oversight over bad actors. Clearpool’s on-chain lending model is a large step in the direction of transparency.
Read more 👇
AMAZING mega on why Sino Global Capital invested in, lends on, and is 'bullish' on Clearpool. TLDR:.
🔥 AMAZING mega 🧵 on why Sino Global Capital invested in, lends on, and is 'bullish' on Clearpool
TLDR:
As credit has been sucked out of the ecosystem, undercollateralized lending has become a larger portion of funding streams
-Borrowing demand from current borrowers: Increase
-Demand from new borrowers to onboard: Increase
-APYs: Increase
- The removal of centralized lenders opens room for undercollateralized lenders to thrive
The solution to the industry's issues is encouraging transparency to ensure that there is oversight over bad actors. Clearpool’s on-chain lending model is a large step in the direction of transparency.
Read more 👇
https://twitter.com/SinoGlobalCap/status/1554120309472624640?s=20&t=SUt-pGiLzkUVNiOsM-ZTNg