DeFi loans are over-collatoralized usually by 1.5-2x.
If you want to borrow $100k, you put up $200k in collateral.
If you want to borrow $100k, you put up $200k in collateral.
If ETH or some other new token takes more and more mindshare from btc isn’t that a big inflationary pressure on the crypto ecosystem as a whole? More tokens = less valuable tokens.
At some point buy the dip will turn into cash out.