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We Rent integrates IQ GPT ✅ @WerentOfficial is a platform designed to enable the renting & lending of NFTs across various categories. It allows users to explore NFT utilities and benefits without committing to a purchase. With IQ GPT, the We Rent community can get instant & accurate answers to their questions, all through the chatbot! 💥🤖 Learn more via their wiki page 🔗
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It's trivia o'clock! 🕑 Let's get straight into it ⤵ Based on our last glossary of the week, here are some questions to test your knowledge😃 1. What does a collateralization ratio measure in finance? A. The ratio of collateral value to loan value B. The interest rate of a loan C. The time it takes to repay a loan Pick & retweet for others ✅ #glossaryoftheweek #IQwiki
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What's new on https://t.co/XelERTTOF9? 🧠Animoca Brands Did you know that @animocabrands is the driving force behind some of the most popular blockchain games out there, like The Sandbox and Crazy Kings? They’re also pioneering the concept of digital ownership in gaming. Thanks to their innovations, players can truly own, trade, and even sell in-game assets as if they were real-world property, all secured on the blockchain 🔗 Read all there is to know about Animoca Brands & its founder via their dedicated wiki page 👉🏼
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For this week, let's take a look at the DeFi term - Collateralization Ratio (CR)!🦉⤵ 🦉CR is a financial metric used to evaluate the stability and risk level of a loan or financial position, especially in DeFi. 🦉In simple terms, it is the ratio of the value of the collateral (assets pledged as security) to the value of the borrowed assets (the loan). 🦉It is calculated using this formula ⤵: Collateralization Ratio = (Total Collateral Value / Total Borrowed Value) * 100% Follow along in the thread...🧵👇🏼
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