Onchain credit breaks when rates move faster than planning horizons Execution > APY.

Axios
@Axios_finance
12-22
Variable rate lending in DeFi.
It’s also the reason onchain credit doesn’t scale.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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