In the Lends ecosystem, defaults are not the end of the world—they're a feature, not a bug.
Choice, Not Punishment: Defaulting is a strategic option, not a forced event.
Collateral Acquisition: Receive defaulted collateral (minus a small fee).
Strategic Asset Accumulation: Use defaults to acquire desired assets at predetermined rates.
💡 Tip: Lenders can use Lends as a sophisticated limit order system for acquiring assets.
Last updated 1 year ago
