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Vamsi Alluri@vamsi0x• almost 7 years ago
Replying to @TheStalwart
@TheStalwart Collateralized loans. One use case is decentralized leverage. Borrowers who want more exposure can lock ETH in a smart contract and take a DAI oan to sell it for more ETH. Those on the other side of trade seek stability since it is dollar pegged. https://t.co/jmmetwySxD