Hello,I guess the title says it all. Given the attractive returns, I’m interested in lending out stablecoins like DAI.From what I understand, these loans are all backed by a collateral of 150% in ETH, which is all locked into a smart contract that liquidates if the backing drops below 120%.Other than a flash crash instantly dropping the value of the collateral, what exactly are the risks to the lender?
Submitted August 24, 2019 at 03:00PM
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