Explore the ethics of decentralized lending and the delicate balance between increasing access to financial services and managing risk. Learn about the benefits and drawbacks of web3 loans and the need for responsible lending practices.
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The Dark Side of Web3 Loans: Uncovering the Controversy Surrounding Decentralized Lending. Discover the risks and concerns surrounding Web3 loans, including fraud, high interest rates, and subprime lending. Learn how the lack of regulation and oversight is impacting credit and mortgages in the decentralized landscape.
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Blur’s foray into NFT lending with their new protocol, Blend, has ignited discussions within the industry. As the leading NFT exchange, Blur aims to redefine NFT loan mechanisms, but questions linger about Blend’s ability to carve out a significant market share. Similarly, Binance’s NFT Loan Feature introduces new liquidity options for holders, embracing the broader trend of NFT services among major platforms.
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