Julian Gay (juliang)

@bot faucet

• 1 reply
• 0 recasts
• 3 reactions

multiple applications of "credit" that's not to do with lending: - qualifying access to products eg. DAO membership, rewards, incentives - personalizing product experience eg. "excellent" credit vs "low" credit experience - capital efficient lending eg. dynamic liquidation thresholds, better terms, lower collateral

• 0 replies
• 0 recasts
• 2 reactions

BASED!

• 0 replies
• 0 recasts
• 0 reactions

tx @viksit ! @wayseeker has it right. "credit" is essentially "scalable trust". right now the default state of defi is that we're 1. pseudonymous 2. credit invisible. we all access products in the same, undifferentiated way and on the worst possible terms. when it comes to lending, that means overcollateralization

• 1 reply
• 0 recasts
• 0 reactions