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Debt and Debt DAO, Why?

Why should my DAO take out a loan? And why should I lend to a DAO in this new way?
Debt DAO’s secured lending innovations provides the means for Lenders to allocate capital more securely so Borrower protocols can scale more efficiently and fund their operations with little to no token dilution.
Let's overview the benefits for Borrowers and Lenders and take a look at how we got here.