Taking Lending Off-Chain
On an emerging trend of off-chain lending becoming increasingly dominant
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…