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Molidatuna

@molidatuna

Now you might be wondering why do I need to borrow $BOLD? Now imagine you have a piece of land that you think might appreciate in value sometime in the future. So instead of selling the land, you use it as a collateral to take out a loan and invest. Now there are two things that could potentially happen. One- your investment is profitable, you're able to pay back the loan and you get your land back (possibly appreciated). Two- your investment isn't profitable, so in this case your collateral has to be sold to cover the loan To borrow $BOLD, you'll have to stake Eth or any liquid staking tokens (rEth, wsEth)as collateral.
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