RT @PaulFrambot: The more I learn about tradfi infra, the more I realize that 90% of businesses are just "reliable database reconciliation"….

RT @minerva_crypto: Pushing the boundaries of financial infrastructure has always been my dream. And it's what led me to leave tradfi and j….

There are a handful popular posts right now about how various areas of high finance are “not what they used to be”, and about how talent is looking for the door. I would not put this all on the degradation of prestige or comp packages, even if some of that is happening. I think.

For more on bridging between paperchain and blockchain:.

Assets in the real world already sit on a sort of "paper blockchain" that we call a legal framework. They interoperate with paper protocols that we call a financial system. In a way, bringing RWAs on chain is sort of like bridging assets cross-chain. The quality of your

Highlight quotes from Paul Atkin's Statements on #ProjectCrypto. Yes, the SEC Chairman said this:. 1) Not Securities: "Despite what the SEC has said in the past, most crypto assets are not securities.". 2) On ICO/Airdrop/Reward Exemptions: "I have asked staff to propose.

One of the things I admire about the @pendle_fi protocol is the animated videos in their Education / Pendle Academy section. It's great for visual learners or people who don't want to read thru dense material to get up to speed. Do other protocols have videos like this? Who.

I think this is going to be a step function for the vault curation business model (@gauntlet_xyz, @SteakhouseFi, @BlockAnalitica, and others), and a step function for fixed income in DeFi. This is a very open and market-based design, and I expect to see novel lending.

Some exciting features that flow from this: . 1) Greater Liquidity: As a lender, you can broadcast a variety of intents with the same $1mm. It doesn't have to sit in a specific pool. This will lead to a much greater diversity of issued bonds. 2) Cross-chain Agnosticism:.

Since V2 is symmetric, a Borrower can initiate this process in reverse. The Borrower would "make" their Intent, and wait for a Lender to "take" those terms. What you get is an order matching system that exists offchain. It facilitates market-based interest rates rather than.

As a Lender: . 1) You "make" an Intent: "I'm willing to lend [USDC, USDT] against [cbBTC, ETH], with [Chainlink] as the oracle on [Ethereum, Base]". Wherever I put a bracket, you can list multiple things in your intent. 2) Your intent also contains the term and discount you're.

V2 is "Intent-Based", "Symmetric", and Fixed Rate. That won't mean anything immediately, but I think this is much more intuitive than a pool-based approached. To explain, @PaulFrambot goes through the flow of how lending gets done in V2.

It's embarrassing but I was pumping my fist listening to this @gelatonetwork pod on @MorphoLabs's V2. It's exactly what I want to see onchain. @PaulFrambot's vision for borrow/lend fits with a bond trader's view of credit markets. Highlights ⬇️.

For more on stablecoin/RWA levered economics and what can go wrong:.

Why does simply not paying yield on stablecoins (like @Tether_to / $USDT) generate such absurd returns?. For some intuition let's do a bit of leverage math. - ~25x Leverage.- 4% Asset Yield (conservative).- 0% Cost of Debt. Gives you >100% levered return.

RT @SteakhouseFi: Allocations on @grovedotfinance into institutional credit markets for @SkyEcosystem at $1bn. Thank you for your attention….

M0 Tackles the Big Problems in Stablecoin Design. A brief on what makes @m0 so innovative.

How Some People Will Blow Up Issuing RWAs.

RT @HadickM: I know everyone is really bulled up on the Robinhood announcement and tokenized equities, and not to be a bear, but the conver….