Covenant Talents are back. 🚀
Season 3 begins now, with 13M points available through the end of December.
A new season for the top participants in the Covenant ecosystem.
• Provide liquidity -> earn Talents
• Refer friends -> 10% boost + more Talents
• Engage on X -> 10% boost
Season 3 starts now.
Smart contract developers, please run Ultrafuzz on your contracts!! It's open source and available to anyone, consolidating many years of learnings from @aviggiano
https://t.co/ZCYbyic09w
If you run into any issues, Antonio is eager for feedback, DM him
Smart contract developers, please run Ultrafuzz on your contracts!! It's open source and available to anyone, consolidating many years of learnings from @aviggiano
https://t.co/ZCYbyic09w
If you run into any issues, Antonio is eager for feedback, DM him
🚨New market on Covenant!
Get the most out of your #YZM, @YuzuMoneyX money vault on @AccountableData .
Lever up your #YZM, or lock in rates on Covenant.
🚨New market on Covenant!
Get the most out of your #YZM, @YuzuMoneyX money vault on @AccountableData .
Lever up your #YZM, or lock in rates on Covenant.
Why can’t we have both credit market isolation and shared liquidity?
Really like Tarun’s analysis of the trade-off within today’s lending paradigm: liquidity is pre-approved to fund eligible debt at par—$1 lent for $1 of debt.
But what if we change that assumption? Let debt trade at a market price: when demand weakens, the same debt raises less cash.
That’s the direction we’re exploring with @covenantFi : tranche collateral into junior equity and tradable senior debt. Keep credit risk isolated, while sharing liquidity for trading the debt.