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Ultimate Guide to Undercollateralized Lending in DeFi

CeFi lenders are failing, DeFi lending has a promising future
Ultimate Guide to Undercollateralized Lending in DeFi
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Dear Bankless Nation,

Undercollateralized lending is risky business.

In TradFi, these loans typically come from the federal funds market. The Fed can’t default, so they become “secured”. If issued by commercial banks, they rely on rating agencies like Moodys or S&P to determine borrower creditworthiness.

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Jack Inabinet

Written by Jack Inabinet

498 Articles View all      

Jack Inabinet is a Senior Analyst with a passion for exploring the bleeding edge of crypto and finance. Prior to joining Bankless, Jack worked as an analyst at HAL Real Estate where he conducted market research and financial analysis for commercial apartment development and acquisition activities in the Seattle region. He graduated from the University of Washington’s Michael G. Foster School of Business.

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