Hacker News new | ask | show | jobs
by omarchowdhury 2684 days ago
> Loans no, not at all.

https://makerdao.com/dai/

$80M DAI issued so far...
1 comments
Isomatik 2684 days ago
That's only useful as a hedge for ETH. A mortgage where you have to put down 373% of the value of the house in liquid currency as collateral is not competitive in the slightest.

https://mkr.tools/

link
omarchowdhury 2684 days ago
Sure, but I'm responding to the disingenuity or possibly the ignorance of saying "no loans, at all."
link