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Learned today people are borrowing cheaply on @JPEGd_69 and lending on Peer2Peer marketplaces.

pETH
pETH
Twitter
20 Dec 2023, 10:01
Learned today people are borrowing cheaply on @JPEGd_69 and lending on Peer2Peer marketplaces. They're earning money by arbing the borrow rates. Still don't get why pay 20%+ APR to borrow stables against an NFT, when you can get the same for 2%. Do NFT holders like overpaying?