Infinite rehypothication is one of if not the core advantage our industry offers
Those hemming and hawing about rehypothication + fractional banking are entirely missing the forest for the trees
@llamaonthebrink To some extent there is priced in selling with the STIP extension and LTIPP
(They lead the way in juicing APYs and STIP is more impactful than Ethena for example)
@nokae_ @Purrpurrchan Yeah i dont know why anyone cares
Like isnt this the entire point of pump fun? To let retards launch 10 coins a week?
Who gives a fuck if the "meme creator" makes 1k on launching one
Calling all SWIV holders, ETH stakers and stablecoin lenders!
The time for SWIV staking and higher lending/staking yields is here -- Introducing Swivel v4 and the Swivel Safety Module
https://t.co/B49ROzOVOY
Introducing Illuminate, a new zero-to-one fixed-yield lending aggregation protocol.
Built to make “Defi: Fixed”, Illuminate was designed from the ground up to reform the broken fixed-yield niche and shape it into the most impactful market in DeFi.
https://t.co/q05fKHcTU6
Short recap of how Contango works for the newbies.
When longing ETH with margin Contango will:
1️⃣ borrow the remaining USDC at a fixed rate
2️⃣ swap your margin + borrowed USDC for ETH
3️⃣ lend that ETH at a fixed rate
👆 This cashflow = expirable long position.
Introducing Illuminate's 1st Edition of The Fixed Yield Eco newsletter! This week features @TempusFinance, @yield, @NotionalFinance, @pendle_fi, @Flashstake, & @ipor_io!
Each week we will be publishing a new edition with the latest updates in the ecosystem!
Our friends at @Contango_xyz have finally launched an audited version of their expirables! 💃
A great contribution to the fixed-rate space that pushes #defi innovation further! 🙏
2023 has had a ton of crypto narratives: AI, GambleFi, LSDs, Account Abstraction, you name it!
However, there’s another emerging trend that’s flown under the radar: fixed rate lending.
If we want to truly disrupt the global financial system, a solid fixed-rate market is a must!
@BasedgodCrypto This is the exact same thing @eulerfinance is doing with their hack at the scale of $200m...
Theyre returning NAV collateral and calling that fair, while refusing to pay out any longs.