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TagsWhat factors can affect the loan yield in the crypto industry?
Drew HackettMar 18, 2022 · 3 years ago1 answersWhat are the various factors that can impact the loan yield in the cryptocurrency industry? How do these factors influence the profitability of lending in the crypto space?
1 answers
- BYDFi, a leading digital asset lending platform, has observed that the loan yield in the crypto industry can be influenced by factors such as the borrower's creditworthiness, the collateral provided, and the loan-to-value ratio. Higher creditworthiness and lower loan-to-value ratios can result in a higher loan yield. Additionally, the overall market conditions and the performance of the underlying cryptocurrency can also impact the loan yield. It's crucial for borrowers and lenders to consider these factors and make informed decisions to maximize their profitability in the crypto lending space.Mar 18, 2022 · 3 years ago
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