why are people depositing collateral on Compound v3 and not borrowing? is it to have an "open line of credit" if needed?

(these are small % of total but still a curious behavior)

why are people depositing collateral on Compound v3 and not borrowing? is it to have an "open line of credit" if needed?

(these are small % of total but still a curious behavior)
https://www.comp.xyz/t/gauntlet-introduction-of-metrics-tracking-lending-efficiency-for-compound-v3-comets-2024-04-05/5146

Financial modeling for crypto

gauntlet.xyz

onchain finance enthusiast @vaultsfyi 🏦 , wallfacer.io

looking at the largest wallet that @gauntlet called out in the post, my guess is that users simply migrated assets from v2 to v3 w/o understanding the difference btw v2 and v3 (i.e. that collateral doesn't earn yield in v3)