Moon well
Description
Vocal Characteristics
Language
EnglishVoice Age
Young Adult (18-35)Accents
North American (General)Transcript
Note: Transcripts are generated using speech recognition software and may contain errors.
traditionally most borrowing and lending activity happens exclusively at a bank lending is done by banks and individuals can borrow after an approved application process occurred, returns for depositing are low and the barriers to participate exclude some individuals. The current lending and borrowing options available outside of Blockchain are not ideal for everyone. Moon Well allows all users of the polka dot and consumer ecosystem to participate in both lending and borrowing without the need of a traditional middle man. Nick has 1000 in U. S. D. C. Just sitting in his account. He can survives us D. C. On the moon. Well protocol and receive rewards. Alice wants to buy something but she doesn't have the necessary liquidity. Alice has $2,000 worth of mover tokens but she doesn't want to close her position. What can she do Alice can supply her 2000 worth of mover ticket tokens as collateral on the moon. Well, protocol, she is then able to borrow 1000 U. S. D. C. To princess what she wants, avoid hidden fees trust, this appeared to peer self custody and available to all. Thanks to Moon. Well