@Darrenlautf ser @sublimefinance is looking for BDooors - looking for folks interested in either RWA/tradfi or working with other DAOs to enable debt financing
Things DAOs should consider in current market conditions:
- M&A: many tokens are trading far below their fair value; if there are product synergies, it's a good time for M&A
- Debt: typically cheaper to borrow stablecoins against the treasury rather than sell native tokens
We're entering the Arena... again! 👀
Join our new 3-day @code4rena audit competition to find & submit threats to earn from a $30,000 bounty.
The contest begins on March 29, 2022 00:00 UTC, and ends on March 31, 2022 23:59 UTC
🍋 $30,000 @sublimefinance audit contest is now live!
Help the team democratize credit via web3 and earn a share of the juicy $USDC rewards.
Get Wardenized and enter the Arena: https://t.co/n4hGB3xJaP
(1/10) Happy New Year everyone! 🎉 We spent 2021 with our heads down building and speaking with folks at the grassroots of community lending. We wanted to share a bit more about why we’re building Sublime.
(10/10) Our over-arching goal with Sublime is to enable a borrower to be judged by those that know them the best. Doing this at scale and in a way that aligns incentives wouldn’t be possible without DeFi. 2022 is going to be an exciting year for us. WAGMI 💪
(9/10) Informal credit of this kind occurs at a large scale in India - almost $550 Bn/yr. https://t.co/7yevnSuADV. Within crypto, P2E gaming guilds already employ a similar principle wherein a guild lends assets to its player base which they can’t afford themselves.
@jeffcancode @Fiskantes That is correct - pools on Sublime are functionally similar to bonds https://t.co/ZTRmsYjabS. Furthermore, they can be made permissioned so that only whitelisted lenders can participate. Lenders receive transferrable tokens representing their share of the pool.
Our $50k, 1-week @code4rena audit contest is now LIVE! https://t.co/4G4WjCIvLe
We decided to sponsor this contest early in our dev cycle to help super-charge our security as we engage in longer audits on the side.
Here's to a fun week and many more to come!🥂😁