Lending TVL hit $1m. Not the explosive growth that many would have liked, but heres my take on it:
Lending is a slow game, growth takes longer, trust needs to be built up over time.
Getting someone to swap 50k is not the same profile as getting someone to open a 50k loan, they are completely different audiences.
We have to as a team at @Chainflip earn the trust of borrowers and lenders before we can see big numbers.
We are playing the long game, and thats what matters.