The Crypto Banking System
The foundations that are needed to build a financial system on top of decentralized finance (DeFi)
Read moreThe foundations that are needed to build a financial system on top of decentralized finance (DeFi)
Read moreBanking is the alchemy of bridging ultimate lenders that want safety and liquidity to ultimate borrowers that want long dated
Read moreDecentralized finance promised a Cambrian explosion of nature of tokens. As we will see, we are still far behind TradFi.
Read moreThis article presents a simple and short case on why it is commercial banks and not the Fed that creates
Read moreI have tediously insisted that the natural system of banking is that of many banks keeping their own cash reserve,
Read moreSummary Introduction MakerDAO introduced DAI with a target price of 1 US Dollar. As we will see this quest for
Read moreSummary Borrower concentration at MakerDAO is increasing over time 3 borrowers are currently ~55% of our crypto-loans exposure and ~60%
Read moreIn the real world, a one-dollar bill has the same value as $1 at your Citigroup account or $1 at
Read moreThis paper describes the business of banking and how it applies in the crypto-world. While Decentralized Finance is all about
Read moreVery early draft paper (not sure it will be finished) Crypto-banking 101 In my Crypto banking 101 paper, I’ve described the
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