I have some experience in traditional private lending and banking. To be honest, seeing so-called Payfi like Huma is no different from the traditional P2P shell replacement and disguised private financing. The end result felt that there was no other possibility except for thunder. It’s just about raising funds and lending. In reality, supply chain factoring can achieve 10%. Brother, if you have this business ability, the customer is not the kind of usury who runs away at any time. The benchmark interest rate of banks' trade financing is only 20-30%, about 4%. Those who can borrow higher interest rates are all junk customers, because the bank has lended you the low interest rate for your business. It is such a simple logic, and no advanced analysis is required, because this is the underlying logic of lending business. According to customer quality and interest, the lowest interest rate for high-quality customers A great country Secondly, small countries, listed companies and other large enterprises High-quality enterprises, high-quality individuals Then SMEs and general individual mortgage Garbage companies and individual garbage Casino (9 out of thirteen return) Traditional lending business is a very blue and idiot business, a sunset industry. The essence of blockchain is in Pons, Casinos and CX. Traditional financial business rules are a bit ridiculous than the freedom of AAVE and UNI, let alone the most sunset lending business 🤥 For lending fund pool business, as for private companies, based on the current domestic historical experience, the burst rate is 90%, which should be higher.