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		hervature on Nov 23, 2021 \| parent \| context \| favorite \| on: An engineer's observations on Web3 and its possibi... Searching for "DeFi loan" returns a deluge of results with https://defirate.com/loan/ at the top for me. They seem content claiming that secured loans are useful loans.

spullara on Nov 23, 2021 [–]

They are primarily useful when selling the collateral would involve paying income taxes. Instead you borrow against it.

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