I am experimenting with crypto loans and I was wondering if there is something we can do with the collateral provided for taking the loan. There seems to be the option to stake the collateral if it is CAKE, CTSI, DOT, KSM, MDX, NEAR or SOL for a reduced interest rate, but apart from this limited option for the selected few crypto, I can't find anything else. Am I missing something?
Also, is there any reason to take any crypto loan for less than the maximum 180 days? It seems the interests are calculated hourly on the amount not yet repaid, so I see no reason to take a shorter loan if I can just take a longer loan and repay it within the timeframe I decide myself (giving me more flexibility).
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