Caesar

@caesar

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33 Followers

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gm gm, sent you a DM as we are building the first yield-bearing stablecoin empowered by LSTs on Avalanche. It is an improved model that is more scalable and capital efficient than CDP models.

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As Banker Smith, we completed our MVP on Base during the Backdrop Build program. We built a synthetic USD that offers: a) 1:1 collateralization b) no liquidation risk c) providing a Web3 native yield ranging from 4-12% Would love to get your feedback! https://youtu.be/RxaJHmNlZJw?si=wN2EapjmOnyF8a-d

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Caesar pfp

As Banker Smith, we completed our MVP on Base during the Backdrop Build program. We built a synthetic USD that offers: a) 1:1 collateralization b) no liquidation risk c) providing a Web3 native yield rannging from 4-12% Would love to get your feedback! https://youtu.be/RxaJHmNlZJw?si=zlFkgG6DPEULAUxV

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Caesar pfp

As Banker Smith, we completed our MVP on Base during the Backdrop Build program. We built a synthetic USD that offers: a) 1:1 ratio collateralization b) no liquidation risk c) providing a Web3 native yield rannging from 4-12% Happy to learn your feedback! https://youtu.be/RxaJHmNlZJw?si=UHMNvqigRvCiBFha

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How can xUSD be helpful to @base chain? 1- lower borrowing costs than the FED rates to attract TradFi 2- Web3 native yield to attract both TradFi and investors in the emerging markets 3- a superior stablecoin that can challenge USDT and USDC to attract to @base chain

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xUSD by Banker Smith provides a synthetic USD that offers 1:1 collateralization ratio without liquidation risks. xUSD provides a native Web3 yield (funding fee + LST yield) that has not been explored before. We just applied to the @base grants❤️

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How can xUSD be helpful to @base chain? 1- lower borrowing costs than FED rates to attract TradFi 2- Web3 native yield yo attract both TradFi and retail users across the emerging markets 3- a superior stablecoin that can challenge USDC and USDT and attract capital to @base chain

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Caesar pfp

xUSD by Banker Smith provides a synthetic USD that offers 1:1 collateralization ratio without liquidation risks. xUSD provides a native Web3 yield (funding fee + LST yield) that has not been explored before! We just applied to the @base grants❤️

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Hey Qiao! Will send you a DM asap :)

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Thank you Cassie!

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Hey Founders, I had a question for you all. Lately, we have been applying accelerators for our project, called Banker Smith. We are building synthetic USD. Until now we applied programs such as @a16zcrypto, @alliance, @orangedao and consensys. Do you have other suggestions?

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What we further offer will be a undercollateralized lending market, which will let you to borrow up to 5x while the pool is always over-reserved. As a result, you will be very capital efficient compares to sUSD

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No, sUSD is overcollateralized around 600% but and it is a CDP model, so there is liquidation risk However, xUSD is not a CDP model so there is no borrowing, you basically swap it, so 1:1 collateral ratio and there is no liquidation.

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Thank you! Good luck to you as well

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Caesar pfp

Hey everyone, it is Caesar, founder of Banker Smith. We are building a synthetic USD, called xUSD that offers 1:1 collateralization ratio without any liquidation risks while providing a Web3 native yield. We applied a16z CSS, and would love to comnect with founders.

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Caesar pfp

Hey everyone, it is Caesar, founder of Banker Smith. We are building xUSD, a synthetic USD that offers 1:1 collateralization ratio without any liquidation risks and also providing a Web3 native yield. We applied to a16z CSS, and would love to connect with founders.

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