brypto

I am bearish on-chain undercollateralized lending where on-chain liquidity is sourced for the lending.

The economic efficiency of fractional reserve banking where you can create fake money won’t be beat. 

If you need to source 100% of the funds on-chain the opportunity cost is much higher and so they’ll want a higher yield.

I am bearish on-chain undercollateralized lending where on-chain liquidity is sourced for the lending.

The economic efficiency of fractional reserve banking where you can create fake money won’t be beat. 

If you need to source 100% of the funds on-chain the opportunity cost is…

EulerLagrange.eth - ye/acc

Working on building zkTLS infra/products. A ruthless empiricist and meme connoisseur.

/opacity
/eulerlagrange

https://x.com/euler__lagrange/status/1890404634050662537?s=46