CryptoSlate

XRP lending model leaves depositors with 90% of a bad loan’s loss despite reserves twice its size

XRP lending model leaves depositors with 90% of a bad loan’s loss despite reserves twice its sizeWorldPing

With the same reserve and cover rates, one modeled default leaves 90,000 tokens of vault loss; ten smaller loans leave 4,500.

This is a short WorldPing brief. The full report was published by CryptoSlate.

Read the full report at CryptoSlate

More coverage: all crypto & markets news on WorldPing.

Related news