Is anyone using ledn.io services?
What has been your experience?
#asknostr
Discussion
Used to, at the end of '19. Took the risk on their yield products (very favorable outcome) and considered getting a collateral backed loan for buying our home. SO glad I didn't do the second one.
I've heard but not comfirmed their droppimg of the collateral loans. Don't care now.
Pulled all funds at the first inklings of what befell FTX etc. They ended up ok in that debacle but the months of not holding some of my keys had been enough.
I think they are basically reputable for what it's worth.
I was reviewing your products, I think it’s interesting. I will continue to analyze your entire portfolio and see if I can try it with something small. Thank you for your reply.
Afaik, they are legit, but when shit hits the fan, you realise that you can only exit in 2 ways:
1. Pay off the loan in full.
2. Increase collateral and wait it out.
I wanted to pay off part of the loan with fiat but this was impossible to do.
I got rekt. Be careful.
I think they have interesting products. I’m going to analyze them very well to try something small. Thank you for taking the time to respond.