CompoundLabs General Counsel: The DeFi interest rate contract is not the same as the loan contract.

2020-9-7 11:08
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Recently, all legal persecution of Chirvinsky of Chirvinsky is not equivalent to the approved loan. It points an article called "Library" (Jake Chervinsky Gu Sisters Agreement) "If the Agreement" is "lender. Target to remove excessive mortgage and illegal. Because the program is not important to pay, the master without having to pay back the loan. The This is not a risk for the interest rate, but they only mention contracts, but they do not have any criminal commitment. Thus, because of the way believes not dependent on trust, it is unable to support the risk of contracting a contract, thus interest rates do not receive preference. At the same time defi rejected Borrow money, and defi deals and soft are completely different. Finally, Jake Chervinsky points, which should be known as many products are different from larger-business stores. If the use of technology can destroy the world credit market at W1TR, it is very good. By awareness of interest rates, you can celebrate the ability to receive benefits without risk. The ARI contract has not provided a good service.

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2020-9-7 10:50