@EnergyB0x
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For a newbie (it's me): after the appearance of DEFIs, is there someone that take borrows from sites like Celsius? I subscribed Celsius recently and they are pumping their borrow system by frequent newsletters. Thanks in advance.
2 comments
I have never - nor ever intend too, not because I don't trust there model (after all you followed my recommendation). I just think that having a crypto-debt just makes things unnecessarily complicated Somebody once mooted the idea of taking a loan in fiat at say 6% and then dumping it in stablecoin at 10% on Celsius and using it to pay the loan back off - not sure i would suggest that either. For me keeping loans in fiat is less complicated and easier to follow
I’ll read something more, but it appears so risky to me. Did you have good experience keeping fiat loans?