273 sats \ 1 reply \ @bitcointerest 14 Oct 2022 \ on: blend: a p2p borrowing and lending protocol bitcoin
How does the collateral work. Am I required to lock in collateral in your custody wallet or is there like an escrow wallet that can't be accessed by the company. This won't be any different to Celcius if Blend has access to collateral. Just a thought.
I'd expect this to be up to the lender and the borrower to decide. It doesn't need to be enforced at the protocol level.
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