Do's: - Leave a lot of extra margin to make the loan, #Bitcoin is volatile <50% - It is smart to add more collateral if the loan is close to its margin. - Remember that asking for a loan is not trading. - Make contracts with experienced users. - Take the reference rate of the 30-year United States Treasury bond and compare it with several exchanges to know what is the most appropriate interest value to take out a loan. - Use a minimum of 6 months for your loan, you can always cancel before or in small installments if you wish. - Personally I still don't like DEFI platforms but there are some alternatives in Liquid like Fuji.Money
These are some good points thanks! Do you see any risks with doing an p2p multisig escrow deal?
I wouldn't know how to advise you so much programming friend. I think a risk would be the website infrastructure going down. Since always in @hodlhodl there is always manual control when it comes to troubleshooting.