Has anyone here taken a crypto loan?

Crypto loans are the only way how CEFI and DEFI companies make money to pay you those awesome APY.

I don’t understand who would take a 1BTC loan and leave an 1.5BTC collateral? This doesnt make sense to me.

Who takes these loans and why? There are a million users here. Has any of you taken a crypto loan with 150%+ collateral?

submitted by /u/jonbristow
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