@zyrontix
𝗗𝗮𝘆 6 𝗼𝗳 𝗛𝘂𝗺𝗮 𝗙𝗶𝗻𝗮𝗻𝗰𝗲 $HUMA 𝗣𝗮𝘆-𝗙𝗶 𝗗𝗿𝗼𝗽
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Okey so far we generated a vast idea about Huma and it's ecosystem. Now let's dive into what's matter most. One of the exciting thing huma Doing is uncollateralized loans, so let's learn more about that.
Let's get one thing straight. For years, DeFi lending has had a major barrier to entry. To borrow $100, you often had to lock up $150 of another asset. This is called over-collateralized lending. While it's great for crypto traders, it's pretty useless for the average person or small business that needs capital to function.
> This is where uncollateralized loans come in.