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The Borrower deposits Bitcoin collateral to the multisig escrow directly from their wallet. After the deposit is confirmed, the Lender transfers the loan amount to the Borrower according to the Contract terms.
Do they lend fiat or more btc.. Not clear to me
Fiat.
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And some other stablecoins.. Just saw you can do a request and they show different options
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should i delete the post ?
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No.. why.. its def bitcoin related I was just interested in seeing how one could get wrecked using these.. its not a critic at all
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i had a doubt ... lol
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