How Safe Is My Crypto Yield? with Zac Prince (CEO, BlockFi) and Matt Ballensweig (Genesis)
Modern Finance
00:00
Blockfi's Equity Is Your Insurance
The way we've structured the capital between blockfy's equity and client funds is that if there were a loss on a loan, that would just come out of blockfi's cash. So you have more or less e kind of a slush fund for defaults should whatever occur. Block fi is not using defi at all to day for yield generation or or any other purpose.
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