How does Bloqboard mitigate against counterparty risk?
Bloqboard is a non-custodial lending platform powered by decentralized lending protocols. Although all loans are overcollateralized, Bloqboard has not undertaken a review of the regulatory, financial, technical or other aspects of any protocols or any specific transactions. As such, Bloqboard undertakes no liability to you for any losses you may incur.
Lending to a Compound liquidity pool has a collateral liquidation function built-in if the collateral drops below 150%; lending peer-to-peer (powered by Dharma) will have similar capability soon. Bloqboard does not ever take custody of digital assets.