Undersecured loans in Nash

If we are licensed to grant loans we can make 100% unsecured loans in Nash.

So an idea to revolutionize the market would be to grant loans for 1.5 your guarantee.

How does it work?

I have 2 ETH, equal to 3000, but I want a loan of 4500 to buy 3 ETH.

So I offer 2 ETH in guarantee, I receive a loan of 3 ETH that is blocked in a contract, I pay an interest for that loan that can be deducted from the ETH that I grant in guarantee.

If the price of the asset you buy (and is blocked as collateral) falls to the level where the additional capital + commissions must be covered, it is automatically settled and the investor receives his money plus the corresponding interest.

It is a form of leverage with high risk for those who hire and low risk for those who provide liquidity.

My English is bad, what do you think of this idea?


See here;