This is a cross post of @nftea.gallery/experimenting-with-micro-nano-sized-fee-free-loans-on-the-bitshares-dex by @nftea.gallery.
A brief article investigating the ease of creating nano-sized loans on the Bitshares DEX. Several interesting outcomes. Writing this article led to reporting several issues, which were then fixed! 🚀
Cool feature
Yeah, considering it's decentralized and you can transparently see the backing collateral, it seems far safer than any centralized exchange based lending platforms - those seem to be dropping like flies lately.
Bitshares DEX for the win!
I totally agree
I just hope there soon will be gold backing the asset
i don't see the value in crypto as stable enough as collateral
I want a token that is backed by some real world assests
like this? https://quintric.com