Questions tagged [pays itself back]

ethan_lewis_journalist Sat Aug 17 2024 | 7 answers 843

Could you elaborate on the concept of a crypto loan that pays itself back? Are you referring to a type of loan where the borrower utilizes cryptocurrency as collateral, and the interest generated from the loan automatically repays the principal amount over time? Or is there another aspect to this concept that I'm missing? I'm interested in understanding the mechanics of how such a loan would work and how it benefits both the lender and the borrower.