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Content
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https://onchainsummer.xyz
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mike rainbow (rainbow mike) ↑ pfp
mike rainbow (rainbow mike) ↑
@mikedemarais.eth
we need more borrow/lend markets for long tail assets on base every clanker/zora/flaunch/fey tokie should have an isolated borrow lend market
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supriyo pfp
supriyo
@supriyo.eth
wouldnt the collateral to borrow be abysmal in most cases? apart from a few tokens most are as volatile as nfts
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mike rainbow (rainbow mike) ↑ pfp
mike rainbow (rainbow mike) ↑
@mikedemarais.eth
lenders would earn high rates
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supriyo pfp
supriyo
@supriyo.eth
@teller does it i think for a lot of coins on eth
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mike rainbow (rainbow mike) ↑ pfp
mike rainbow (rainbow mike) ↑
@mikedemarais.eth
teller is very dope i still think there’s a place for an automated solution (vs p2p like teller)
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Kieran Daniels pfp
Kieran Daniels
@kdaniels.eth
AMMs are the issue tho :) that’s when IL comes into play and volatile assets can support the markets. It’s nice on paper but over collateralized pools and no automated market makers is what ends up working. We’ve tried the alternative options over the last few years.
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