Wenqian Huang (@hwenqian) 's Twitter Profile
Wenqian Huang

@hwenqian

Economist at the BIS, views are my own, retweets ≠ endorsements

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calendar_today02-04-2014 16:35:03

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Wenqian Huang (@hwenqian) 's Twitter Profile Photo
Wenqian Huang
@hwenqian

3 years ago

#DeFi lending is by design #procyclical. The reliance on collateral results in price spirals and excessive volatility, amplifying boom-bust cycles.