Ethereum

When market demand is low, spreads in onchain money markets widen dramatically.

Aave’s USDC market today:
→ Lend Rate: 2.65%
→ Borrow Rate: 4.45%

That’s a 1.80% spread.

If we want to onboard the masses, we’ll need better quoting mechanisms.

Fixed Rate Infrastructure for the Onchain Economy. Soon™

You think fixed rate collateralized lending is scalable? You’d have to have a fixed supply of lending assets right & a borrow cap which is likely lower than what AAVE can provide. Almost like a vault. I’m intrigued. Building a market that is beneficial for lenders is nice but I wonder how scalable it is.

The Tenor protocol was developed with scalability in mind. The protocol's modular architecture allows the the deployment of fully onchain fixed rate lending order books on top of existing @morpho markets. Learn more here:

Earn, Borrow, Build on Morpho 
/morpho and app.morpho.org

Building around @morpho may make this work. Especially through their vaults. Will keep an eye on it

The Tenor protocol was developed with scalability in mind. The protocol's modular architecture allows the the deployment of fully onchain fixed rate lending order books on top of existing @morpho markets. Learn more here: https://blog.tenor.finance/tenor-seed-round