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

Modern Finance

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Is That a Good Idea?

The biggest variable, or biggest kind of lever we can pull is more on the collateral side versus the rate side. The other lever is how much collateral do we want it take too protect against the risk in this case. And so in that case, yes, you can look at the three buckets rights, there's speculation. We'll then hold the purchase asset, or the proceeds from the sale, in addition to excess collateral and then manage that kind of live time as the market's moving around. So if they're buying ten million dollars o bik coin and odd borrowed cash, we would then, youno say, take anywhere from a kind of twenty five per cent to, you know

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