intramuros.eth

Topics: institutional fin, web3, defi. Tweets are own views and opinions only.

[intramuros.eth @IntramurosFin]

@coryswan Thanks @coryswan Mike was a once in a lifetime person. Had the honor of knowing him for over 8yrs going on misadventures in the intersection of crypto and institutional finance. He was a lovely human being and someone that I and others he’s touched dearly will miss.

[intramuros.eth @IntramurosFin]

@krugermacro Thanks @krugermacro crushing news when I also got the word. Too soon for him to pass. Good soul, generous friend, a genuine person to be around. Will miss all his stories and especially time together during the crypto get togethers. Condolences to Aditi and his family.

[intramuros.eth @IntramurosFin]

@dinnerzen_13 Not precise by any means but would think that TVL in lending, yield, and other similar would be proxy of capital looking for yield https://t.co/umt2AAFymK

[intramuros.eth @IntramurosFin]

@balajis intramuros.eth

[intramuros.eth @IntramurosFin]

@balajis intramuros.eth

[intramuros.eth @IntramurosFin]

10/ What are interesting developments to-date (cont.)?

* Bootstrapping price discovery in an asset.
* Structure: Automated Market Makers / Liquidity Pools
* Result: Price discovery without relying on advisors or third-parties, yield generation.

[intramuros.eth @IntramurosFin]

0/ What makes DeFi different?

After spending a decade or so structuring and creating financial products, what makes web3 including DeFi compelling to me is that its built on both open-source innovation and community ownership, creating value that goes beyond mechanism design.

[intramuros.eth @IntramurosFin]

9/ What are interesting developments to-date (cont.)?

* Tailored risk exposure through microfractionalization.
* Structure: Nested Collateral-backed tokens + Inter-protocol Composability
* Result: Monetizing future yield, investment vehicles with tailored risk exposures.

[intramuros.eth @IntramurosFin]

17/ Additional references?

For those looking into this topic further, credit to @0xkowloon for tying down how the above concepts work in practice by dissecting the Solidity code.

https://t.co/fk4rx6wEYJ

[intramuros.eth @IntramurosFin]

0/ Yield Tokenization

Tokenizing future yield through DeFi is a powerful concept that is analogous to securitization in traditional finance markets, a ~$1 trillion annual opportunity.

https://t.co/Mr50SV5XsC

[intramuros.eth @IntramurosFin]

16/ What are extension opportunities for Yield Tokenization?

It would be interesting to see: Support for longer durations incl. possibly perpetually yielding assets akin to perpetual bonds, "bundling" of different types of yields, "Permissioned Yield Tokens" for institutions.