Uncollateralized Lending: DeFi’s Next Big Evolution | Sid Powell, Teddy Woodward
Bell Curve
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Cryptocurrency Rates Are Lower Than They Used to Be and That's a Good Thing
Rates are now lower in crypto than they are in in tradvine and how that's a bad thing because it doesn't drive as many people into into Defi right like the rates used to pull people in. Even when there was an enormous spread in between the yield you can earn in crypto versus the yield that treasuries were giving you, still too high so I kind of think people in crypto are very creative. You're already starting to see another use case emerge from yields in trad fi being higher which is importing trad fi yields so leveraging the balance sheet of big smart contracts like maker to earn yield that's available in trad fi.
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