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Monsieur FUDleur-

What i dont understand from the support blog site: you

lend out our assets to institutions and yield the returns back to us users. but you mention "there is basically no risk". how come that there is no risk? do institutions have to bring collateral themselves? because this concept is hard to grasp, as to why they would even do that if they need money? and why would you take our assets for that? i dont get it. would be glad for an explanation. :)

#cryptocurrency #english #nexo
0

4 ответов

21 просмотр
Tanya | Nexo | No support via DM-

What exactly are you referring to?

0
03.01.2022
High ko XMR-

Because the credits are backed by the Takers crypto

0
03.01.2022
High ko XMR-

If you take a credit and the bank has your house us collateral… it’s the same

0
03.01.2022
Monsieur FUDleur- Автор вопроса
High ko XMR
If you take a credit and the bank has your house u...

but this is a thing between you and the bank. not some 3rd party that earns 8% on that deal. how does this work? @tanyanexo if the taker has to bring the collateral, why are my funds used? because the taker already brought full security, where do i come in?

0
03.01.2022

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