Sponsor: Coinbase — Borrow against your BTC or ETH on Coinbase, powered by Morpho.
You can now borrow against your ETH on Coinbase, powered by Morpho. Eligible customers can borrow up to $5M in USDC against their BTC and up to $1M in USDC against their ETH. Interest rates are variable, typically between 4% and 8%, and respond to market conditions. Repayment schedules are variable, so you can pay on your time. Plus, Coinbase will not treat borrow transactions as taxable events. Now there's a more accessible, cheaper way to cover life's unexpected expenses.
The Bankless team spends an unhealthy amount of time thinking about the future. That turns out to be pretty useful when it comes to thinking up gift ideas.
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