RE: Dlease: DeFi With Protected Keys
You are viewing a single comment's thread:
Unless it's non-custodial its not De-FI in fact it's false advertising to claim that it is, the whole point is to not have a middle man! If they can't provide you with use of your own keys you're nothing more than a bank, just because you use blockchain as an asset class doesn't make you a de-fi
0
0
0.000
Its only custodial for the lessee, for the lessor (stake holder) they hold the keys at all times so the stake is always safe. The stake is the largest amount, the lease payment escrow is small in comparison. Example circa 3 mil in SP active leases exist atm but the escrow held between the old minnowbooster and dlease is less than 50k steem, that’s about 1.6% of the total value that isn’t 100% decentralised due to escrow.