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Liquid Loans Pulse Chain Explained in Simple Terms (for DUMMIES Version)
Liquid Loans is touted as a "never sell your PulseChain" strategy. If PulseChain was the Cow, then liquid loans not only keeps the Cow and the Milk, it enables you to buy the entire farm. However, too many terms are thrown at people such as "collaterisation ratio", "borrowing against", "lending out", "vault," "staking pool", "stability pool" that an everyday layman person is left scratching their head as to what exactly is left going on. In this episode we explain what Liquid Loans is, who is behind it, what are the pros and cons, how the different pools work, what tokens you receive and whether it is a viable strategy.
Join us for another for dummies episode of CryptoCurrent with CryptoRick!
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Note: This video is for educational and entertainment purposes, not financial or legal advice.
References/Further links
https://liquidloans.io/
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