XRP lending model leaves depositors with 90% of a bad loan’s loss despite reserves twice its size
With the same reserve and cover rates, one modeled default leaves 90,000 tokens of vault loss; ten smaller loans leave 4,500. The post XRP lending model leaves depositors with 90% of a bad loan’s loss despite reserves twice its size appeared first on CryptoSlate.
Key Takeaways
- With the same reserve and cover rates, one modeled default leaves 90,000 tokens of vault loss; ten smaller loans leave 4,500.
- The post XRP lending model leaves depositors with 90% of a bad loan’s loss despite reserves twice its size appeared first on CryptoSlate.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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