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On-Chain Undercollateralised Credit: Banking but Worse | Laurence Day - The Wildcat Protocol
Folk in DeFi have long accepted 'don't trust, verify' as a core tenet. Lending is primarily overcollateralised, which reduces risk but constrains growth. In this talk, we'll look at using DeFi as a mechanism for extending credit, as well as the myriad concerns surrounding it.
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