Citizen DeFi Play: Wildcat's Uncollateralized Lending

Is Wildcat Finance crypto's next hot opportunity or a disaster in waiting?

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Onchain yields have slumped in recent weeks, but for degens willing to partake in crypto’s riskiest form of lending, excess returns can still be earned!

Enter Wildcat, where uncollateralized lending meets blockchain and market makers borrow crypto on a promise. Think of this protocol like a crypto-native credit card for institutions, except the card is your wallet, and if the borrower defaults, you’re the one left holding the bag.

Wildcat does not assess credit risk, it does not guarantee repayment, and it is not regulated by any financial authority. What it does offer is frictionless access to above-market yields for anyone with a crypto wallet and the willingness to lend on trust alone.

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Jack Inabinet

Written by Jack Inabinet

419 Articles View all      

Jack Inabinet is a Senior Analyst with a passion for exploring the bleeding edge of crypto and finance. Prior to joining Bankless, Jack worked as an analyst at HAL Real Estate where he conducted market research and financial analysis for commercial apartment development and acquisition activities in the Seattle region. He graduated from the University of Washington’s Michael G. Foster School of Business.

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