Discovering how deep the rabbit hole goes. Shit posting, not financial advice. Zooming out.
Hitchhiker of the Galaxy. Helping build the Third Foundation.
1/ Today, we're excited to announce the FIRST #BondVoucher sale! Our first launch partner is @stripsfinance, the worldโs first decentralized interest rate derivatives exchange.
$STRP Bond Voucher on @arbitrum offers fixed 13% yield and an embedded call option!
Details๐๐ป
This is all to say, if you truly believe in DeFi, you must believe in the fundamental values of DeFi, which is open finance, no middle-man, transparency and composability.
I believe that fixed income is going to be the biggest trend in 2022, as DeFi becomes more mature and institutional investors and treasuries allocate funds to earn DeFi interest rates of 8%+ compared to the 0.25% that they are currently getting at banks. A thread ๐
Let's compare this to @stripsfinance.
1) Strips is a fixed interest rate hedging exchange
2) Strips has no lockups, and you can unwind your hedge at anytime
3) There is no minimum size requirement
4) There is no KYC requirement
5) Strips is fully decentralised and composable