assuming the loan has already been registered, it's mostly good for the end user who may have a bit more time before a liquidation in the case of a massive drop in bitcoin.
as you can imagine, this is not great for the lender, so we have a lot of emphasis in our systems for redundancy
would love to work with lava and bring back dlc loans! back then there wasn't another offering they could work with, but times have changed.
assuming the loan has already been registered, it's mostly good for the end user who may have a bit more time before a liquidation in the case of a massive drop in bitcoin.
as you can imagine, this is not great for the lender, so we have a lot of emphasis in our systems for redundancy
would love to work with lava and bring back dlc loans! back then there wasn't another offering they could work with, but times have changed.