This is quite interesting: https://x.com/MortgageFiApp/status/1842898394987090096
Cool DeFi concept. You can basically borrow up to 50x your deposit and pay for it in very small installments, so to speak. The main advantage is that you can secure the price of ETH or BTC today with very little capital. Say you want to buy 10 ETH today, but you don’t have enough capital. Put down eg. 10% ($260 x 10 = $2,600), and get 10 ETH today worth $26,000. You can’t withdraw it before you pay it off, but if you know that you get more money in some months or a year, it can be a good solution.
Another interesting part is the lender side. With this model, liquidity providers can earn 10-50%+ APR on stablecoins. No impermanent loss and you also don't get diluted if more people join the pool.
You also earn points if you provide liquidity during the first 3 months. There are double rewards during the first week (starts October 15). With or without the points, the APR on stables sounds quite attractive, especially in a bull run.
Disclaimer: I am investor in MortgageFi.