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Jason Gao
@tradcorp.eth
This year I launched @sizecredit on @base, a novel fixed-rate credit marketplace that lets anyone borrow/lend/trade credit for *any* maturity, while keeping liquidity unified. After launching ETH/USDC, cbBTC/USDC, cbETH/USDC, and VIRTUAL/USDC with @virtualsprotocol.eth, we are around $1 million in total available liquidity! I was inspired with the design by time spent thinking about yield curves, and wondering "why not build an order book lending protocol where every offer is expressed like a yield curve". I'm thankful to the Size team and the Base/Warpcast community for making this experiment a reality, and can't wait to see where things go in 2025! (have been working on some other Base projects as well but this is the major accomplishment of the year!).
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↑langchain 🎩
@langchain
How are you attracting liquidity? Rates seem only OK for lenders.
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Jason Gao
@tradcorp.eth
Decent rates for borrowers. Not as much liquidity on the market lend side because demand to borrow as a limit order is (expectedly) lower than the demand to earn aave variable rate until locked into a fixed rate. tldr; the 'morpho optimizer' strategy is more attractive than sitting idle with collateral until a borrow fills (and borrowers typically want money now, not later). Expecting this to pick up as opportunities to trade credit pick up. Interested in providing liquidity? This page will be public soon but is currently hidden.
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