Your go-to resource for staying up to date with the decentralized financial system — With overcollateralized lending quickly becoming the “hello world” of programmable money, a large number of firms have created products to help service the crypto market’s pent up demand for credit. And while originations are skyrocketing, the market remains inefficient and fractured today. A big problem in particular is a…

Your go-to resource for staying up to date with the decentralized financial system — Trading is integral to any well functioning capital market. By taking advantage of supply and demand mispricings, traders help the market with price discovery, and in the act of trading, also serve to bring liquidity to a market. Traders that excel at providing these services are rewarded handsomely. Crypto…

Your go-to resource for staying up to date with the decentralized financial system — MakerDAO is currently undergoing its greatest ever stress-test as Dai has spent most of March trading under its desired $1.00 USD peg. The Dai-depegging is primarily due to Dai having only one use case: speculation. While Dai usage exploded just a year after launch, nearly 80% of all Dai…

Your go-to resource for staying up to date with the decentralized financial system — The Dai credit system has been one of the most remarkable developments in the #DeFi ecosystem. As we’ve previously discussed, anyone in the world can now get their hands on a trust-minimized stable currency regardless of where they live or their socioeconomic standing. The fact that the U.S. …

Your go-to resource for staying up to date with the decentralized financial system — Interest rates are a core a tent of any well functioning capital market — they enable long term holders to trade the time value of their money, leading to more efficient capital allocation. In this way, interest rates are a prerequisite for any valuable form of money. As we’ve…

Your go-to resource for staying up to date with the decentralized financial system — Short selling is a crucial component to any well-functioning market — it gives market participants a way of expressing a negative view, leading to more liquidity, additional hedging avenues, and most importantly, more efficient price discovery. …

Your go-to resource for staying up to date with the decentralized financial system — 2018 was the year of the stablecoin, or digital dollar. The Ethereum ecosystem now has a wide variety of digital assets that maintain a 1:1 peg with the U.S. dollar, enabling a host of new financial use cases like remittances, payroll, and ecommerce. Stablecoins solve a pain point that…

The formation of open, transparent, and uncensorable credit — Today’s global debt markets are robust — transmitting trillions of dollars in value across a multitude of services that allow the economy to operate at never before seen scale. …

Welcome Sebastian Delgado, Announcing Dharma Lever, Wrapped Bitcoin, and #DeFi Updates — Friends, A lot has happened since we last checked in. The team has been heads-down building Dharma Lever, a new trustless service for large crypto asset holders and institutions to access margin in high volume from anywhere in the world, affordably and instantly. We’re currently onboarding Alpha Partners who will…