A 20% annual interest rate surprises me.


This number might make you wonder, "Okay, what's the catch here?"
So I actually looked into @eightlends.
Real business loans are backed by genuine assets, and if problems arise, there’s an embedded buyback mechanism.
This is not false advertising but structured lending—Tradfi has been doing this kind of business for decades, just now it's happening on the blockchain.
A 20% annual interest rate, when calculated practically, feels entirely different.
View Original
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
Add a comment
Add a comment
No comments
  • Pin