DeFi Devin
DeFi Devin
AAVE-1.43%
There is so much wrong with this post it is irresponsible to keep this up. @jvb_xyz has over 20k followers and a popular podcast @1000xPod. He has a responsibility to not put out content that is flagrantly wrong. Just to name a few: 1. Syrup does not have a 750B FDV 2. Syrup does not do uncollateralized lending. He means undercollateralized lending which is also not true. It even says they offer overcollateralized loans on their website. Jonah didn't even have to visit the docs to find this out, which i'm sure he has never done. 3. Majority of loans in TradFi are overcollateralized. Obviously not obsolete. 4. This guy holds SYRUP and is shilling based on facts that are clearly untrue yet he still keeps the post up. I'm tired boss
Gallery 1
Jonah
Jonah
SYRUP is going to flip AAVE. SYRUP FDV = $750B. AAVE = $5B In an era of deregulation, AAVE's overcollateralized loans are obsolete. People used to put up with that only because no one else would lend against cryptoassets. Maple's uncollateralized lending is the future.
Gallery 1
The content on this page is provided by third parties. Unless otherwise stated, OKX TR is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX TR. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX TR is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.