There is so much wrong with this post it is irresponsible to keep this up. @jvb_xyz has over 20k followers and a popular podcast @1000xPod. He has a responsibility to not put out content that is flagrantly wrong.
Just to name a few:
1. Syrup does not have a 750B FDV
2. Syrup does not do uncollateralized lending. He means undercollateralized lending which is also not true. It even says they offer overcollateralized loans on their website. Jonah didn't even have to visit the docs to find this out, which i'm sure he has never done.
3. Majority of loans in TradFi are overcollateralized. Obviously not obsolete.
4. This guy holds SYRUP and is shilling based on facts that are clearly untrue yet he still keeps the post up.
I'm tired boss
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