For [Crypto Chicks] we took an honest approach to our mission…we’ve been doing a lot of work w/ the community to build things back…supporting our artist and the things the community is doing
“As long as there is a market with a price, the lending protocol can give a loan against it, when the value drops, you go through a liquidation process”
Important Pieces: Efficiency of assets, pricing accuracy
2/ We are working on a loan base market for NFTs…starting with Bored Apes…but floor price is too volatile…for liquidation, you don’t want to liquidate someone for [manipulative] floor drops…we accommodating for “instant dump” situations