Pinned
1/ Introducing the Crypto Banking System, a roadmap to bring DeFi to be a challenger to TradFi
cryptobanking.network/the-crypto-ban…
SebVentures
5,279 posts
SebVentures
@SebVentures
Joined June 2009
- Some balance sheets comparisons #TradFi #DeFi #cryptobanking #BalancesheetView cc @CalicoZeal @MacroAlf @jp_koning @MarcRuby @EmilKalinowski @JeffSnider_AIP
- Friendly reminder that the whole balance sheet of @MakerDAO is public and updated every block. Happy to provide guidance to CEX having issues with transparency. It's not that hard.
- Btw this specific panel was on BTC but Ethereum was discussed more than BTC. Institutions love ETH, what it allows and its liquidity hub.Full house at Goldman Sachs Digital Assets Conference. Institutions are getting excited.
- Good crypto usage data by @federalreserve . This debunk the myth of crypto being useless even in the US. federalreserve.gov/publications/f…
- .@MakerDAO is now generating 50% of it's revenues from real-world assets, mainly MIP65 short-term bonds ETF and GUSD rewards. Doubling revenues over the last few weeks and it's only the beginning. I'm starting the discussion to rewards DAI holders to supercharge growth.
- Another milestone in #DeFi @SocieteGenerale Forge 🇫🇷 casually taking a $7M loan 💰 from @MakerDAO 🚀while pledging a AAA covered bond as collateral. Actually a cross-currency repo as the collateral is in € and the loan in $ ($DAI).
Vault 0x495215ca (RWA008-A) was used to generate DAI: ️️🖨️ 7,000,000 DAI minted 📉 Liquidation price: $29,999,914.33 💳 Vault debt: 7M DAI 🏦 Total DAI Supply: 5.797B DAI etherscan.io/tx/0x2e1e2b38f… - .@DeutscheBank announcing their Layer 2 on @ethereum is another step toward Ethereum becoming the neutral settlement and DA layer. I envision regulators serving as the L2 to 'control' the 'banks' L3s and providing a settlement layer between them, but that is for another decade
- Last @MakerDAO financials are published. 📈 Crypto-backed lending is down so we are entering in a few month of negative results until short-term bonds RWA save the day. But really the financial deck is great and leader in financial communication. 🪙 forum.makerdao.com/t/financial-re…
- 1/ @MakerDAO is making a new record in revenues in January due to the last wave of liquidation. $23M profits so far.
- 1/ This happened, a decentralized protocol minted 38k $DAI out of thin air to finance a mortgage loan. Real-World Asset are now a thing for @MakerDAO thanks to @centrifuge and @NewSilverLend #DeFi meets #RealEstate
- proud that @base is now stage 1 — and #1 by TVS but it's still day one. time to bring the world onchain.
