Sid Ramesh pfp
Sid Ramesh
@checkmate
Hi folks — we built a new product at @coinbase that lets you borrow USDC against Bitcoin, fully onchain and dead simple to use. We call this the DeFi mullet. CeFi in the front and DeFi in the back. This was a year long project with first principles thinking. ➡️ Doing an AMA through the weekend. Fire away questions or thoughts.
12 replies
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Kyle McCollom pfp
Kyle McCollom
@kyle
what other mullet products do you think are low hanging fruit next?
1 reply
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26 reactions

Sid Ramesh pfp
Sid Ramesh
@checkmate
All onchain financial services out there, both in DeFi and otherwise. Think Lend, Trading, NFTs, Prediction Markets, etc. Can’t comment on what’s next but you can imagine whatever useful and exciting innovation is happening, we are closely looking.
1 reply
1 recast
6 reactions