I am assuming someone who is trusted could then ask

Question

Ergo Platform

Bullskey

I am assuming someone who is trusted could then ask

for a loan and not put collateral and the deal could still go through or would the protocol not allow that?

#cryptocurrency #english #ergo

0

12.07.2023

9 ответов

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Bullskey Автор вопроса

Thats actually so cool. I wonder if we will ever see someone be trusted enough that people make deals with lower collateral than what they borrow. That would literally be the closest we might ever get to the real banking system

0

12.07.2023

Q

Bullskey
Thats actually so cool. I wonder if we will ever s...

I could see this happening where someone created a loan request with a known nft they own that has personal value but not much market value

0

12.07.2023

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Bullskey
Thats actually so cool. I wonder if we will ever s...

<cheeseenthusiast> Should be possible once ErgoNames / another nft naming system becomes wide spread on Ergo

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13.07.2023

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<cheeseenthusiast> Should be possible once ErgoNam...

<Noah> @mgpai wen ergonames

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13.07.2023

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<Noah> @mgpai wen ergonames

<mgpai> this month for sure

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13.07.2023

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<mgpai> this month for sure

<yea.ok> https://tenor.com/view/praying-hands-please-lord-lord-help-us-gif-14348462

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13.07.2023

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<yea.ok> https://tenor.com/view/praying-hands-plea...

<mgpai> sorry, had to launch lilium first 🤣

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13.07.2023

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<mgpai> sorry, had to launch lilium first 🤣

<yea.ok> Haha, all good appreciate everything that's being built!

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13.07.2023

qx() · Accepted Answer

qx()

Protocol allows anything essentially. Up to lender to agree or not.

0

12.07.2023

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I am assuming someone who is trusted could then ask

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