Honestly, crypto loans can be beneficial during a bear market. If the collateral value drops and the APR isn't high, you may end up paying a lesser amount back over time. However, if you are lending, you might not earn enough profit unless you are lending out a stablecoin. There are DAOs that support this, like AAVE on Ethereum, listed on Binance, Solend on Solana, listed on Gate.io, and Lista DAO, whose token will be available on Binance's launchpad and Bitget's pre-market.
All these DAOs have their own governance tokens, which one can purchase to be able to vote on the next development for the DAOs or decentralized protocols