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Monteluna
@monteluna
/cryptobanking update The Ethereum Credit guild hasn't seen a ton of growth in it's novel approach to lending, but seems to have made a niche for Pendle fixed yield tokens in WETH. ECG combines optimistic governance (anyone can create markets without full quorum), and Curve-like gauges to control debt ceilings.
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↑langchain 🎩
@langchain
I think like other lending protocols, they need others to integrate ECG to see some stronger demand. Borrow/lend tends to struggle until there is a near "1-click" solution for others to use. As we've seen, defi users are not typically sophisticated.
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