The Real World Finance Core Unit has published the Huntingdon Valley Bank (HVB) Collateral Onboarding Risk Assessment.
This is a recap on the collateral onboarding process of HVB, a Pennsylvania Chartered US-based commercial bank.
🧵
1/
.@AaveAave's stablecoin $GHO using interest baring a-Tokens is a pretty ingenious way to give people built in interest arbitrage for anyone minting GHO. Probably my favorite feature besides their ideas around RWA *shameless plug*
And we're live. The governance poll to add an RWA vault for Huntingdon Valley Bank RWA is open.
If approved, this will be the largest @MakerDAO RWA vault to date.
If you've been paying attention, you'll understand that the Overton Window is shifting for RWA <> DeFi.
What DeFi got right in the bull market: users deposit crypto into a protocol that figures out how to generate yield.
What DeFi didn't get right: only source of yields are VCs subsidies and LP incentives
👉Yield based on organic demand is when we've reached product market fit.👈
A lot of people have been asking me what is @AstariaXYZ and how does it work.
In short Astaria is an NFT lending protocol.
Astaria has developed the three actor model (3AM). In 𝟯𝗔𝗠 there is an appraiser, a borrower, and a lender.
@peer_rich War, inflation, energy and food shortages…?
Moving there in few years would make sense tho. Likely the Roaring 20’s in Europe in a few years from now!
seems obvious enough that the number of assets tokenized on public blockchains will only go up from here. hard to be bearish on Defi for that reason alone
We are seeing a future where both buy and sell sides have to respectively stake $cfg for their access to centrifuge deal flow and for access to liquidity. $CFG is useful for DD, underwriting, access to deal flow and for access to liquidity.
An update on Tinlake liquidity and redemption requests:
Tinlake has received increased redemption demand. This has reduced available liquidity in certain pools.
Our platform continues to operate as designed in these market conditions.
Learn more!👇
https://t.co/PsklXvkCel
i'm not a fedwatcher by any means but my assessment is they're so humiliated by being historically wrong on inflation that they're going to plunge the economy into a depression just to quell it until everyone panics and it becomes politically impossible to stay the course
Want to talk about the hard parts of bringing Real World Assets to DeFi? Well let's talk about off-chain legal structures then! @centrifuge has been hard at work with @MakerDAO to develop an open-source, protocol agnostic, and reusable framework for the community to use.
Centrifuge x @BlockTower in @cointelegraph 👀
"The incorporation of real-world assets is considered by many to be an important step in further cementing DeFi’s role in mainstream finance."
https://t.co/UEtjA3vITB