Base

borrowing higher against my onchain identity 🔵

borrowing higher against my onchain identity 🔵

https://frames.pwn.xyz/proposal/8490

maxxing on /morpho 🦋 | pursuing a higher self w /higher-athletics | consistently curious

I believe borrowing against onchain identity can be risky

The universal lending protocol for the tokenized economy. Use ANY token as collateral and earn from fixed-interest loan. 
https://PWN.xyz

Python developer inspired by every line of code.

It is risky. Lending/borrowing is all about calculating risk/reward.

If you are a borrower on @pwndao thou, there is no liquidation risk for you - you carry the reputational risk. Lenders carry the risk proportional to the reward in form of interest the borrowers commit to pay.