Today we’re launching tBRL and tMXN.
Tokenized Brazilian Real and Mexican Peso, now on-chain.
Two of the most liquid + high-yielding currencies globally, tokenized via Tenbin with yield of up to 13% and 7%.
Today, we’re releasing an Economic Report on Tenbin conducted by @LlamaRisk.
The report covers how Tenbin assets are designed to behave under stressed market conditions, and the risk framework built to help them withstand any market turbulence.
tGLD Leasing Vault with @jpegtrading is now live on @AccountableData.
Earn 4% APY, paid in gold.
It is gold-denominated yield coming from real demand to borrow and use tGLD as trading inventory.
This is what happens when gold becomes liquid: it starts to become productive.
Tenbin's first asset is live.
Introducing Tenbin Gold (tGLD): Liquid, Yield-bearing Tokenized Gold.
Built for instant on-chain liquidity with DeFi utility.
https://t.co/0TESwDZ6As
@pashov Not sure if offtopic, what made you start an exotic car collection?
Doesnt it gets a little crazy when moving houses, choosing a new home, having to keep track of all the paperwor(insurance), etc?
What would looping FX carry trades look like on-chain with Tenbin's tokenized currency?
The Strategy:
1. Collateralize the yield-bearing tokenized currency
2. Borrow USDC on Aave or Morpho
3. Acquire high-yielding currencies (like BRL, MXN)
4. Deposit as collateral
5. Loop
We built a dashboard to find out this strategy's return across different currencies
https://t.co/1GSWqcEDLk
Big thanks to @andyyy and the @therollupco team for having me on the pod today. Andy asked a lot of thought-provoking questions as always.
I discussed how tokenization stands among RWA perps, what assets are suitable and make sense to be tokenized and more. Go check it out!