i see how the balance sheet could be weaponized. yeah, i don't want that to happen.
Ledn does have a "no rehypothecation" check box. however checkboxes are not SHA-256 hashes so they could accidentally be "unchecked" at some future point.
good to know. thank you
Login to reply
Replies (1)
I asked ChatGPT how does the lender make money in lending. Besides interest, it gave me this answer. You are welcome to verify it yourself too:
"Market-making and yield strategies.
Institutional lenders may use deposited BTC in:
Market-making on exchanges
Basis trades (spot vs futures)
Providing liquidity in derivatives markets
These generate additional yield on top of interest."