Lucas Kohorst
@lucas
days @dcgco nights @adjacent___
Lucas Kohorst
@lucas
days @dcgco nights @adjacent___
“Lenders continued to buy the DF and sell the NDF. We see the discount of DF’s relative to NDF’s as the interest rate in hashrate-based lending markets. Buyers and sellers of the DF with upfront payment can use the NDF to lock-in a fixed yield or cost of capital instead of having exposure to the uncertain and variable returns of hashprice. In Novem
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LinkThe text discusses the evolution of financial markets, emphasizing the transition from traditional IPOs to decentralized public offerings (DPOs) and the role of blockchain technology in democratizing access to investments.
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