Actually, it's only Bad debt if it comes from the badette region of France.
Otherwise, it's just sparkling "proportionally socialized loss"
Just Use Aave.
Chateau badette actually exist, And if you use Aave instead of inferior alternatives, you might afford a bottle
If you use Aave, you're using a superior, curated lending infrastructure.
And if the Aave DAO fails, which didn't happen in more than half a decade, there's $330m of umbrella coverage before you lose a penny as a depositor.
Just Use Aave
13.03K
160
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.