Lista DAO Launches New Service: Borrow Money Without Collateral!


Simply put:
Now you can borrow money on Lista DAO, and you don't need to put up any collateral! It's like Huabei, but fully operated on the blockchain.
Main features:
Maximum borrowing limit of $50: Each account can borrow up to this amount
Credit assessment: The system will review your activity records on the blockchain to determine your credit
Transaction fee of 15%: A 15% fee is charged for each loan
Loan term: Up to 14 days, with a 3-day extension option
Risk control: If you don't repay, your wallet address will be blacklisted
Credit recovery: After repayment, your credit will recover by half every two weeks
How can ordinary people participate?
If you have idle funds, you can invest in the liquidity pool. The fees generated when others borrow will be shared with you! Just like earning interest by depositing money in a bank.
Summary:
This is an innovative lending service that allows people without collateral to get small loans, while also providing new earning opportunities for ordinary investors. However, be aware that the 15% fee is quite high, so consider carefully before participating. #我在Gate广场过新年 $LISTA $AAVE ‌ ‌
LISTA-1.73%
AAVE1.32%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский язык
  • Français
  • Deutsch
  • Português (Portugal)
  • ภาษาไทย
  • Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)