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Taking Lending Off-Chain

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Taking Lending Off-Chain

On an emerging trend of off-chain lending becoming increasingly dominant

Joel John
Jul 27, 2021
∙ Paid
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Hey there,

I have been spending time thinking about PleasrDAO's $3.7 million loan from the Ironvault recently. PleasrDAO is an investment collective that owns NFTs worth over $10 million. They took a line of credit against those assets from another DAO named Iron Bank. I will not go into the specifics today, but you can follow this article for details. T…

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