CoinDesk reported:
“There’s sort of this bid and ask process that happens offline in Discord, where users are negotiating different rates for loans – it’s really cumbersome, you have to have capital and knowledge to lend out and as a borrower, and you don’t really know what you’re getting,” said Bram. “We’re extremely borrower friendly, we don’t force-liquidate anyone, you get fixed terms and you only get liquidated to pay – you don’t pay your debt at maturity.”