Can DeFi Compete With Banks if Rates Keep Dropping?

The answer is yes :) Also, ETH locked in MakerDAO climbs after rate cut, and dYdX loan liquidators are making a killing

Nov 6, 2019

Hello defiers! This is what’s going on in DeFi,

  • Dai borrowers taking their ETH to MakerDAO after rate cut

  • This is how DeFi can compete with fintech as rates keep sliding

  • dYdX loan liquidators made $400,000 of profit in one month

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