'Blend has neither oracle dependencies nor expiries, allowing borrowing positions to open indefinitely until terminated,' developers wrote.
Blend has neither oracle dependencies nor expiries, allowing borrowing positions to open indefinitely until terminated. Developers also claim that the protocol would collect zero fees from borrowers and lenders:
Per design, Blend automatically"rolls a borrowing position for as long as some lender is willing to lend that amount against the collateral." For this, no on-chain transactions are required unless one party decides to exit the position or there is a change in interest rate.
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