Can I get some help over here? I’m hella confused...

Can I get some help over here? I’m hella confused, I heard that some shit called sublime is asking for KYC to give loans and allow you to borrow, why would they do that? What’s the purpose behind such outrageous act?

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Hey fucking retard, you can easily google that shit. Don’t listen to any advice here, you will get scammed and lose all your money

Because you paying interest on your loan, so they make money if people getting loans

I think no one can help you in your stage

Just get a loan and slurp shitcoins. Don't ask questions

To protect both parties
Thank you for coming to my ted talk

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specially in bear market, am I right?

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What happens if you just don't pay it back? Literally just get the loan and not pay it back. What happens next?

You're god damn right

I think they will forward your informations to debt agencies

Don't do it. I took out a loan, put it all on Luna. Lost all my money, can't pay it back.

but that wouldn't be fun and left us all jobless

The way I see it, and the way they put it is that they want to help people "kickstart" their web3 reputation by using whatever off-chain data is useful, so it's easier for them to get a loan and it gives lenders more confidence

I don't know, important question

The problem wasn’t the loan I guess

By being in essence a defi platform... can they do that?

Oh I really thought it's more for consumers, like investing or getting a prosche

and people are still into this fucking shit, unbelievable

*porsche

Not sure, just my guess

Maybe, Im just saying what I understood, lmao