tldr; Centrifuge has announced that over 40 million DAI can now be borrowed against real-world collateral. The loans are backed by Real World Assets like invoices, real estate and other assets that are represented by NFTs minted by the businesses. This is made possible by CentrIfuge’s Tinlake platform, which allows users to supply liquidity to businesses.
This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
tldr; Centrifuge has introduced that over 40 million DAI can now be borrowed towards real-world collateral. The loans are backed by Actual World Property like invoices, actual property and different property which are represented by NFTs minted by the companies. That is made potential by CentrIfuge’s Tinlake platform, which permits customers to provide liquidity to companies.
This abstract is auto generated by a bot and never meant to interchange studying the unique article. As all the time, DYOR.
