DeFi with 2000% Rise in Token Price, Expands Scope for Uncollateralized Loans

DeFi lending platform, Aave, has launched the provision of creating selective credit lines via Delegating Credit (DC), thereby reducing the need for collateral for loans. Stani Kulechov, the CEO and founder of Aave Lending tweeted, By delegating credit, Karen is able to earn higher undercollateralized lending rates while depositing to @AaveAave. Chad, on the other hand, […]