What factors can affect the loan yield in the crypto industry?

1 answers

• Dec 26, 2021 · 3 years ago
  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.
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