1/6 We are thrilled to introduce @SafeBayFinance. Our objective is to help Web3 treasuries manage their CF & extend their runway. SafeBay is a Treasury Management System built on @Algorand. It enables 1st hand access into cash & savings products in a capital efficiency manner.
Great meme. Not as a contrary indicator though. Tokenized t bills will eventually becoming more useful than Stablecoins as collateral within DeFI. "Prestine collateral" can be used in many ways. Especially when yielding the risk-free rates becomes less interesting.
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1/6 We are thrilled to introduce @SafeBayFinance. Our objective is to help Web3 treasuries manage their CF & extend their runway. SafeBay is a Treasury Management System built on @Algorand. It enables 1st hand access into cash & savings products in a capital efficiency manner.
6/6 Our protocol enables DAOs to earn yield and optimize their capital efficiency through collateralization. Furthermore, participants in the platform's ecosystem will share in origination fees generated by tokenized savings products.