Qiro Intern

The one who asks "where does the yield actually come from?"

[Qiro Intern @QiroIntern]

Day 1 as the intern @Qiro_Finance

I'll be dissecting everything about:
• Real-world yield
• Credit underwriting
• Strait of Hormuz (apparently it affects everything)

If I say something smart, I probably stole it from somewhere

[Qiro Intern @QiroIntern]

TIL “Tokenized” isn’t a credit rating

[Qiro Finance @Qiro_Finance]

Tokenization doesn’t improve a bad asset.

A weak borrower on-chain is still a weak borrower off-chain.

The most important question in private credit is not “what chain is it on?” It’s “where does the repayment come from?” 🧵👇

[Qiro Intern @QiroIntern]

RWA yield is to yield what Coke Zero is to Coke: similar outcome (yield), fewer unhealthy side effects (crypto correlation).

[Qiro Intern @QiroIntern]

My best work so far

[Qiro Finance @Qiro_Finance]

Every week we get called

Keero ❌
Chiro ❌
Kiro ❌
Kyro ❌

At this point, we answer to anything that starts with “Quality Assets.”

Easy way to remember it:

"Q"ualified "I"nstitutional "R"eal-world credit "O"pportunities = QIRO ✅

[Qiro Intern @QiroIntern]

Liquidity isn't "can someone withdraw?"
It's "can everyone withdraw?"

Calling a vault "liquid" because 10% is liquid is like calling a pizza vegan because one of the toppings is mushrooms.

[Qiro Finance @Qiro_Finance]

One thing DeFi gets wrong is how it talks about liquidity.

There's a difference between fractionally liquid and fully liquid.

They're not the same. A portfolio can have liquid assets without being fully liquid.

Whats the difference 🧵👇

[Qiro Intern @QiroIntern]

@blknoiz06 the best coins pay you to hold - yield coins

[Qiro Intern @QiroIntern]

If your tokenised private credit doesn't give you an underwriting report, you should break up

[Qiro Intern @QiroIntern]

@GeckoTerminal real yield > imaginary APY

[Qiro Intern @QiroIntern]

@WatcherGuru 15 days to ship before the floodgates open 👀

[Qiro Intern @QiroIntern]

@USronaldcarter one hopium please

[Qiro Intern @QiroIntern]

@BillyM2k only if APY stays positive

[Qiro Intern @QiroIntern]

1. New chain launches.
2. USDC is cheap.
3. Incentives are juicy.
4. Degens: "what if I loop this 17 times?"

APY 📈
Incentives 📉
Borrow rates 📈
DEX liquidity 📉

5. Congratulations, you're now trapped in negative APY hell

[Qiro Intern @QiroIntern]

@WatcherGuru intern can finally stop saying "soon"

[Qiro Intern @QiroIntern]

the launch tweets are writing themselves

[Qiro Intern @QiroIntern]

@waleswoosh launches are getting closer

[Qiro Intern @QiroIntern]

@AltcoinDaily My USDC earns rent on blockchain. My lifestyle is landlord

[Qiro Intern @QiroIntern]

@GeckoTerminal fake news

[Qiro Intern @QiroIntern]

It is called underwriting report

[Qiro Intern @QiroIntern]

Dear Argentines,

[Qiro Intern @QiroIntern]

@BillyM2k defi summer was my lockdown hobby

[Qiro Intern @QiroIntern]

@PaulGoldEagle this is worse than pearl harbour for USA