CryptoYOLO

cryptoyolo.algo | Living on the blockchain cryptoyolo7.nft bc1qywcj6zd0jme6kc8ukrxf5n9w2hx0f8qzs6fwu2

[CryptoYOLO @cryptoyolo7]

@IonicDigital when are you going to hold the 2026 annual meeting? Annual means every year! @Silkee_D @GWAM_Abbate #Celsius

[Michael Tannenbaum @MBTannenbaum]

$FIGR reported $1.4B monthly consumer loan marketplace vol for May, +135% YoY. We are lowering costs and adding liquidity where it didn't historically exist.

So we beat on ... boats against the current :)

[Figure @Figure]

We’re democratizing capital markets. @financeguy74 tested Democratized Prime and dove into our partnership with Credibly.

Here’s what he found.

• Simplified and efficient lending and borrowing, compared to the process of getting a warehouse line.

• Pool availability for auto loans and HELOCs.

• Reduced friction should enable Credibly to pass savings onto its small business customers.

Read the full article from deBanked ↓
https://t.co/6ZthZdASVj

[AlphaPing @0xAlphaping]

2,000 vaults on @Morpho. 500 with real capital.

The infrastructure won. Now it's about who operates it with mandate clarity, collateral discipline, and risk legibility.

That's where the differentiation happens.

The future is bright.

[Shira Zevin @zoozai_invest]

Reading Morningstar DBRS’ reports on $FIGR ’s securitizations is a must.

Not because I care so much about the exact terms of the notes.

But because these reports are packed with the kind of data I want to know as an investor.

So no worries, I did the job for you.

Starting with the technicals:

1. The pools are mostly junior-lien HELOCs ~ 88% of it.

2. Borrower quality looks pretty solid on paper, with the latest fund reporting a weighted average FICO of 747.

3. Utilization is already very high, around 98%

Now the interesting part is how Morningstar viewing $FIGR 's underwriting practices, and how it rates it.

The Pros:
Morningstar clearly sees advantages in Figure’s model.
The loans are fixed-rate, fully amortizing, no balloon, and with short draw periods-
Better than many traditional HELOCs.

But.. the Cons:
Since Figure uses proprietary income verification, FICO 9, AVMs/BPOs instead of full appraisals, and electronic lien search instead of title insurance,
Morningstar treats parts of it as less than traditional underwriting and applies valuation haircuts, reduces junior-lien recoveries, and steps up expected losses.

And yet, the senior notes still get AAA ratings, even after the rating agency applies the drawbacks, the structure still supports it.

Looking at actual demand you can see large institutional names showing up in the holdings data.

Like BlackRock / J. P. Morgan exposure that's growing.
I think that's the most promising signal here.

If you want to drill down in $FIGR 's securitization (and origination) data check the visualization I've built ⏬

[AlphaPing @0xAlphaping]

Alpha LINK Enhanced V2 crosses 300,000 LINK.

$2.9M in the vault. 193 lenders. Top 5 concentration down from 60% to 48%.

LINK lending against stLINK collateral. Yield from the Chainlink staking ecosystem.

Built with @stakedotlink.

@Morpho

[CryptoYOLO @cryptoyolo7]

This is the way. Native on chain issuance of real shares convertible 1:1 to NASDAQ!

[Mike Cagney 🇺🇸 @mcagney]

You know what isn't delayed? @Figure trading on OPEN. 24x7 limit order book (market making 5x18 and working to expand). Access to DeFi. Works under the current SEC rules. This is the way.

[Mike Cagney 🇺🇸 @mcagney]

You know what isn't delayed? @Figure trading on OPEN. 24x7 limit order book (market making 5x18 and working to expand). Access to DeFi. Works under the current SEC rules. This is the way.

[CryptoYOLO @cryptoyolo7]

@cryptomiami1 @TeraWulfInc That would be great. Interesting that Blackstone is putting chips down in the space.

[Aave @aave]

In accordance with the rsETH technical recovery plan, WETH LTVs on Aave V3 Ethereum Core, Ethereum Prime, Arbitrum, Base, Mantle, and Linea have been restored to their pre-incident values.

WETH now operates as normal across all affected V3 deployments.

[Michael Saylor @saylor]

We turn Bitcoin into Money. $STRC

[Figure @Figure]

https://t.co/MBNmC24uNh

[Glenn | Alchemy @glennonchain]

@mcagney Automatically revoke approvals on smart contracts for me and provide a realtime smart contract risk assessment across my portfolio

[AlphaPing @0xAlphaping]

10 of our current 13 active vaults on @Morpho. We'll be going through each one starting today with added context on each vault and the teams we're working alongside.

Who's ready for DeFi summer?

[CryptoYOLO @cryptoyolo7]

Looking at the table, there was basically no net recovery in the quarter. Professional fees and LOC expenses ate it all up. How can the members of the LOC possibly be racking up $11mm quarterly in compensation and “reasonable” expenses???

[CelsiusFactsNumbers @CelsiusFacts]

#CelsiusNetwork Litigation Admin Q1 '26 Report

The Admin is currently holding $127M in cash, roughly 2.5% recovery so far. There is still some significant amount of money on the horizon but biggest tranches likely to come from Equities First and preference settlement.

Biggest updates:
✅Rhodium delivered $39M this quarter (another $11M still incoming)
✅EquitiesFirst settlement looks imminent as negotiations are occurring for a possible resolution.

Breakdown:

-> Preference Litigation Settlement
Nearly 2,500 complaints filed against parties that didn’t settle. Seeking return of assets valued at > $2 billion (as of June 2024 prices, $3.4k ETH & $62k BTC). Actual recoveries will be a fraction of that headline number, significant but could be costly..

-> @EquitiesFirst
Parties agreed to pause arbitration and negotiate a resolution. Prior term agreement was a payment totaling $361M cash + 3,765 BTC (though it’s unclear if they hold anything currently near that value).

-> @BadgerDAO : Discovery phase. Claiming 900 BTC lost in the hack.

-> Blockfills (Reliz Technology Group): Exactly as predicted, defaulted on the second note. Only paid $16.7M . Celsius Estate is now a creditor in their proceeding

-> Three Arrows Capital (3AC): Celsius received $5.68M; total claim is $40M

-> Terraform Labs: +$2B claim (part of the UCC in their bankruptcy). Expected total asset pool for all claimants: $100M–$485M. Largest potential upside is litigation vs. Jump Trading (suing for $4B).

-> Compound: Motion to dismiss granted in part / denied in part. Some officers also being pursued. Tied to $90M liquidation of 50.2k ETH

-> Rhodium: $39M received in Q1. Total expected recovery is $50M

-> Celsius + StakeHound vs Fireblocks: Joint litigation to recover 25,000 ETH.

-> Chainalysis: No damages figure yet. Both sides agreed District Court is the right venue for the fraud & consumer-protection claims.

-> Symbolic Capital Partners: Suing for 18,426 ETH in improper pre-petition transfers/liquidations. Court denied their motion to dismiss.

-> Archblock: Discovery underway to recover $13M

-> Institutional Loans: Admin working to call/terminate loans while monetizing $39M collateral.

-> Stranded Wallets: ARM has recovered $14.9M to date more to come..

Source (on the sub tweet)

[CryptoYOLO @cryptoyolo7]

Thanks for posting attention to all the fillings and putting this summary together

[CelsiusFactsNumbers @CelsiusFacts]

#CelsiusNetwork Litigation Admin Q1 '26 Report

The Admin is currently holding $127M in cash, roughly 2.5% recovery so far. There is still some significant amount of money on the horizon but biggest tranches likely to come from Equities First and preference settlement.

Biggest updates:
✅Rhodium delivered $39M this quarter (another $11M still incoming)
✅EquitiesFirst settlement looks imminent as negotiations are occurring for a possible resolution.

Breakdown:

-> Preference Litigation Settlement
Nearly 2,500 complaints filed against parties that didn’t settle. Seeking return of assets valued at > $2 billion (as of June 2024 prices, $3.4k ETH & $62k BTC). Actual recoveries will be a fraction of that headline number, significant but could be costly..

-> @EquitiesFirst
Parties agreed to pause arbitration and negotiate a resolution. Prior term agreement was a payment totaling $361M cash + 3,765 BTC (though it’s unclear if they hold anything currently near that value).

-> @BadgerDAO : Discovery phase. Claiming 900 BTC lost in the hack.

-> Blockfills (Reliz Technology Group): Exactly as predicted, defaulted on the second note. Only paid $16.7M . Celsius Estate is now a creditor in their proceeding

-> Three Arrows Capital (3AC): Celsius received $5.68M; total claim is $40M

-> Terraform Labs: +$2B claim (part of the UCC in their bankruptcy). Expected total asset pool for all claimants: $100M–$485M. Largest potential upside is litigation vs. Jump Trading (suing for $4B).

-> Compound: Motion to dismiss granted in part / denied in part. Some officers also being pursued. Tied to $90M liquidation of 50.2k ETH

-> Rhodium: $39M received in Q1. Total expected recovery is $50M

-> Celsius + StakeHound vs Fireblocks: Joint litigation to recover 25,000 ETH.

-> Chainalysis: No damages figure yet. Both sides agreed District Court is the right venue for the fraud & consumer-protection claims.

-> Symbolic Capital Partners: Suing for 18,426 ETH in improper pre-petition transfers/liquidations. Court denied their motion to dismiss.

-> Archblock: Discovery underway to recover $13M

-> Institutional Loans: Admin working to call/terminate loans while monetizing $39M collateral.

-> Stranded Wallets: ARM has recovered $14.9M to date more to come..

Source (on the sub tweet)

[Mike Cagney 🇺🇸 @mcagney]

Building on my post yesterday (https://t.co/LOEUs4QgrA) - here is a link explaining how to move your $FIGR shares between Nasdaq and OPEN: https://t.co/zSHgTGkJvl

Remember - we need to work together to hit the tipping point where @figure borrow has to happen on blockchain. That puts all the stock loan economics in your pocket, not the prime brokers.

[Michael Tannenbaum @MBTannenbaum]

Q1 results are in @Figure / $FIGR . We’re a Rule of 140 company, which I am proud of bc it captures our ability to scale rapidly but also very efficiently. Our blockchain loan marketplace started the year with record origination volume, our DeFi ecosystem is growing fast, and we’re making hay of the tailwind that AI adoption brings for blockchain-native companies.

We’re executing well with lots of greenfield ahead that we plan to further capitalize on.

Full Q1 report here: https://t.co/8n0OeAnYcx

[Provenance Blockchain Foundation @provenancefdn]

From there, Figure took over the timeline with three major integrations:

1) A partnership with @OpenWorld to tokenize its stock on OPEN (On-chain Public Equity Network) alongside their Nasdaq listing. This isn’t wrapped exposure. This is native issuance for real public equity, fully on-chain and built on Provenance.

2) Announced that they will be bringing YLDS – the first SEC-registered yielding stablecoin – natively to Stellar’s institutional-focused ecosystem, in partnership with @StellarOrg. A major signal for interoperable, yield-bearing digital dollars and another expansion point for assets originating on Provenance infrastructure.

3) One more major partnership in @Credibly360, who will be bringing loans and merchant cash advances into Democratized Prime. This expands the diversity of real-world collateral entering on-chain credit markets, creating more assets, more liquidity, and more sources for real yield.