@SBF_FTX Knew you were a sneaky cocksucker the first time I saw you. Was disgusted that people with influence somehow gave you credibility. Pampered spoiled child. Get a fucking haircut. If there’s any justice you’ll rot in prison.
11/ Our advisors @zmanian and @interchain_io are helping us realize our vision.
And we’re planning to launch on testnet soon. If you’d like to work with us, please send us a DM.
10/ We value economic empowerment and financial inclusion and believe the transparent, collaborative nature of open-source software and crypto can help us build something bigger than ourselves.
9/ Why us? We’re crypto-native DeFi users who’ve worked as software engineers at companies like @AmericanExpress@BankofAmerica and @IBMBlockchain.
We’ve written code that’s secured billions of dollars, scaled to millions of users, and has been used by thousands of developers.
8/ The tradeoff with the multi-pool design we’ve chosen is capital efficiency and liquidity fragmentation.
However, we feel the benefits of isolated risk, market dynamics, and diversity will outweigh this.
7/ Depositors and borrowers will have access to a wide range of assets and can invest alongside their favorite pool creators.
They can choose where to invest based on their risk appetite and earn varying interest rates on their stablecoins.
6/ The LARI team will focus on building and improving debt primitives to ensure pool creators have the best toolset for creating and managing a lending pool.
Pool creators will have greater agency around risk management, and earn a management fee for underwriting risk.
5/ Pool creators can select assets and adjust parameters such as the interest rate model, liquidation strategy, and price oracles.
They’ll also be able to set pool-level incentives, determine how the pool is governed, and implement allow/denylists.
4/ LARI is an IBC-enabled protocol on Agoric where anyone can create and manage a lending pool, similar to how anyone is able to start a pool on @Uniswap, @CurveFinance, and @osmosis.
@CSantucciPhoto@NY1 Accident wouldn’t have happened in the first place if these islands weren’t built in the stupidest design ever and totally jacking up 21st street. Whoever designed does not know the neighborhood at all. Speaking as someone who takes the bus there and knows cabs suck at driving
@amFarrouk@BarrySilbert He means when crypto market and traditional financial markets stop being correlated. Or probably more specifically, when BTC is no longer dragged down by the stock market.
Tomorrow, 32 central banks and 12 financial authorities (44 countries) will meet in El Salvador to discuss financial inclusion, digital economy, banking the unbanked, the #Bitcoin rollout and its benefits in our country.