Loans at the bank vs. DeFi lending and borrowing:.
13 Nov 2023, 22:59
Loans at the bank vs. DeFi lending and borrowing:
🏦 In traditional banking, you deposit money in a bank and the bank lends it out at a higher interest rate than it pays you.
🏦 For borrowing, the bank assesses your creditworthiness before granting a loan, and you pay high…