How do you guys see Crypto borrowing and lending platforms? In my opinion, people that use lending platforms are lured in by the huge amount of APY they will get in return as interest and I think most times it falls on the people who lend crypto from these platforms like the 300% APY potential I saw on Liquidium earlier today.
Personally I don't use borrowing or lending platforms and I've never actually used it before and I know people that have crazy high capital can consider lending as a form of passive income. Personally, I don't really like involving myself in it tho
