Nova
Active member
Cryptocurrencies around the world are slowly replacing the bank deposits and the money. And that means there is going to be a big gap for the people who wish to take loans and also want to keep the money for the collateral. And that means there needs to be some sort of crypto blockchain that needs to be developed that can address the issue. And for that issue solving, there are some projects that are doing the marketplace for the loan, stake, borrow etc. And Markdao is one such project there for the users.
Makerdao is one such project that has been out there and it is on the top of the ETH chain. And it allows the user to loan, stake and borrow as per the marketplace rules. And the project has been doing good so far. Though how much it is reliable in the long run and how it would be working is something we have to watch out as well. I think it would be something many crypto investors who are afraid of the bank deposits going down need to watch out for. In near future such projects would offer you loan and also may offer the percentage for keeping your crypto with them.
Makerdao is one such project that has been out there and it is on the top of the ETH chain. And it allows the user to loan, stake and borrow as per the marketplace rules. And the project has been doing good so far. Though how much it is reliable in the long run and how it would be working is something we have to watch out as well. I think it would be something many crypto investors who are afraid of the bank deposits going down need to watch out for. In near future such projects would offer you loan and also may offer the percentage for keeping your crypto with them.
