Tommaso
Mon Sep 23 2024
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6 answers
1119
Why do people take DeFi loans?
I'm curious to understand why individuals opt for DeFi loans over traditional lending methods. Could it be the convenience of decentralized finance, offering a more streamlined and accessible borrowing process? Or is it the allure of lower fees and interest rates that attract borrowers to DeFi platforms? Perhaps it's the ability to leverage digital assets as collateral, opening up new avenues for financial inclusion? I'd love to hear your insights on the driving forces behind the growing popularity of DeFi loans.
