This article shows that liquidity pools, a basic construct of DeFi could create a more robust financial system by improving assets liquidity and, in the same time, improving passive investors performance.
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The foundations that are needed to build a financial system on top of decentralized finance (DeFi)
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Banking is the alchemy of bridging ultimate lenders that want safety and liquidity to ultimate borrowers that want long dated
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Decentralized finance promised a Cambrian explosion of nature of tokens. As we will see, we are still far behind TradFi.
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This article presents a simple and short case on why it is commercial banks and not the Fed that creates
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I have tediously insisted that the natural system of banking is that of many banks keeping their own cash reserve,
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Summary Introduction MakerDAO introduced DAI with a target price of 1 US Dollar. As we will see this quest for
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Summary Borrower concentration at MakerDAO is increasing over time 3 borrowers are currently ~55% of our crypto-loans exposure and ~60%
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In the real world, a one-dollar bill has the same value as $1 at your Citigroup account or $1 at
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This paper describes the business of banking and how it applies in the crypto-world. While Decentralized Finance is all about
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