2min chapter

Modern Finance cover image

$BACON Coin: Fractionalizing Home Loans on the Blockchain

Modern Finance

CHAPTER

How Does the Bacon Protocol Work?

We just closed our first home loan in 24 hours. We're already doing incredibly fast under rights. The idea here is that now you can buy a coin, and we're calling it a stable plus coin. And the idea is that that coin is backed by leans against us houses and loans against those leans. So effectively the same exact thing that banks and governments and wealthy individuals use to maintain and grow their worth safely, but it's in the hands of anybodyhumh, crazy.

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