We buyin Tax Liens on chain while our native token is up 4-5x.
It’s base season and $LFI is the strongest in terms of fundamentals and price strength.
$100m+ please.
Most people don't realize tax liens are senior to mortgages.
If a homeowner defaults on their mortgage and property taxes, the mortgage lender has to clear the tax lien first to foreclose.
First claim on the property. Statutory yields. ~99% redemption rate.
This is the asset class we're bringing onchain.
$LFI is the first coin that's ever been interesting to my 60 year old+ investor friends.
It literally made some of them buy crypto for the first time this week.
A must listen to both get to know @MLeeJr a bit more and pick up a bunch of great info on what a solid investment vehicle this is and some possibilities for $LFI
Watch the full episode now right here on X, or on YT/Spotify via the links below.
Special thank you to @basedandyellow for funding the ZEROPOD artist commission program, as well as to @MLeeJr and @betrmint for filling the prize pool with juicy $LFI.
YT: https://t.co/kzWqYHyHBH
Spotify: https://t.co/kKqZmrpE14
Was just given early access to LienFi @lienfiapp and purchased certificate #227 tied to a property in Chattahoochee, Florida.
Paid roughly $270 for the lien, carrying a 6% interest rate, with an estimated additional $1,118 payout in the event of foreclosure.
The entire process was seamless and secure, and the underlying property image even appears directly on the NFT in my wallet.
This is actually the first tax lien I’ve ever personally purchased, and it’s easy to see how quickly this can scale.
@Mleejr and the @lienfiapp team really created something special.
LienFi is going to be massive.
$LFI
Super proud of @MLeeJr on $LFI
he’s been such a vital part of clanker / bankr success in terms of community but he’s also a standup dad, and all around human being
Base trenches are beyond lucky to have someone like that in the arena
Today, the first purchase of a tokenized U.S. property tax lien was completed on LienFi.
A small step for the platform, but an important step toward modernizing how tax lien markets can operate onchain.
Early access invites will begin rolling out in phases tomorrow.
In the past, if retail investors wanted to participate in tax lien investing, they often faced huge barriers. The emergence of LienFi has exactly opened that door. With the implementation of the Clarity Act, a large amount of capital will flow in, and LienFi precisely provides an entry point for capital that wants to participate in tax lien investing
To learn more, you can view my previous tweets:https://t.co/0NWW9eHAuU
https://t.co/PzSjx0VpAP