@KWEEN_SOL When there are billions of lives at stake, politics shouldn't be about entertainment and dominance. Staged speeches demonstrate preparation, anticipation and purpose, which is what diplomacy is all about.
PWN DAO (@pwndao) is a cryptonative credit collective! Here is what we are after:
👇
PWN DAO governs the universal lending protocol which enables a multitude of stable fixed-rate DeFi lending products, such as:
- Binary fixed-rate/duration lombard loans
- Loans with regular instalments
- Loans with counterparty selection (KYC)
- Loans with custom liquidation procedures
- Dutch auction based loan terms discovery
- Reputation-based rates in both under-/overcollateralized loans
- Undercollateralized LP leverage loans for DEX Marketmakers
- DeFi Mortgages
- any many others
All while tapping into existing lending liquidity. PWN lets you upgrade your yield from protocols such as @aave, @MorphoLabs@compound (and soon @eulerfinance) to a higher fixed-rate yield for a duration and redeploy those funds back so you wouldn't lose a penny of your yield.
We are here not to compete, but to expand on what's possible in the blue ocean of DeFi!
Purpose:
Protocol fees will be captured in the PWN DAO treasury. One of the meaningful uses of the treasury (any DAO treasury) would be to fund loans of other PWN DAO members with better than market rates - this way the treasury funds will keep getting extra yield while serving members of the PWN DAO🫡
Having a collective lending treasury to fund stable mortgage-like loans is necessary unless we want to wait another decade for big banks and nation states to bridge the TradFi infra onchain.
Do you want a stable and long-term oriented DeFi?
Do you want your DeFi mortgage to be funded onchain with competitive rates?
👉 join @pwndao and help us make it happen!
@Raph_Bloch@franceinter Je viens d'écouter l'emission (que j'adore aussi).
Tu as été très patient. Je suis surpris par la condescendance et les saillies extrêmement péremptoires de Fabienne Sintes.
C'est très aga��ant de les entendre calquer les insuffisances des vieux modèles sur la crypto...
@sonalibasak@BackedFi and others are already doing it. And there's a vast DeFi infrastructure that already allow anyone to leverage or get yield on top of these assets (@pwndao )