Weekly Hash @ ABC – Beginners Guide to Borrowing & Lending in Crypto

This week’s topic is:

Weekly Hash at ABC – Beginners Guide to Decentralized Borrowing & Lending in Crypto

Join us for another “Off the Chain (OTC) Thursday” this week. These meetups are aimed at providing a consistent space for the ATL Web3, crypto, and blockchain scene to engage and connect. In this format, dialogue will be encouraged amongst participants, allowing anyone to initiate a relevant subject for discussion. We look forward to providing a more interactive space for our community and working on our mission for #10in5 – making ATL a top 10 blockchain innovation hub in 5 years.

With crypto lending, borrowers use digital assets as collateral similar to how a house is used as collateral for a mortgage. To get a crypto-backed loan, borrowers collateralize their crypto assets and then pay off the loan over time to get their collateral back. It can be a great way to acquire capital when needed by accessing the value of your crypto without having to sell it. Come by this Thursday to learn about decentralized lending and borrowing in more detail and to discuss other relevant industry news and updates.