Vamsi Alluri@vamsi0x• over 4 years ago

Replying to @vamsi0x

at letting a16z and naval open a, * 1 billion ETH vault * with no stability fee * at a 100% collateralization ratio, no buffer for them to lose, only upside * no liquidations * can choose when they payback and close vault And they still found idiots who would lend to them!