2min chapter

Modern Finance cover image

How Safe Is My Crypto Yield? with Zac Prince (CEO, BlockFi) and Matt Ballensweig (Genesis)

Modern Finance

CHAPTER

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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