Sublime
An inspiration engine for ideas
Today, I had the opportunity to present #DeFi and @compoundfinance to the @federalreserve staff.
Eventually the banking system will run on shared, open ledgers.
Each day, we get closer. https://t.co/1UuXWQPEV0
1. Convert ETH to stETH
2. Deposit into AAVE (4.5% APR)
3. Borrow USDC (2% APR)
4. Buy house
Your net interest rate is negative so your down payment is effectively self repaying.
Nat Eliasonx.comEthena, the next TOP 10 protocol.
Imagine getting 35% on your dollar. This means for every $1 million in your savings account, bank pays you $350K a year. This will disrupt everything you know, fks your brain over. Zero risk downside with 35++% returns. It’s NOT POSSIBLE in finance. Ever.
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Chicken Geniusx.com
It took me 4 minutes to borrow $505,000 against my crypto portfolio on AAVE
They don’t know my name, my job, my credit score, my income, my race, my address, my nationality, nothing
There’s no way to be discriminated against
Defi is the future
WealthSquad Chris 🌴x.com