on the blockchain
Crytpo credit market breakdown
I’m earning 10% interest lending dollar-backed stablecoins. How is that possible? Peter Johnson from Jump Capital explains. | learn more
Tag: stablecoins
on the blockchain
The interest rates on crypto are high
The best rate available now, around ~13% on dollar-backed stablecoins, is on Fulcrum (bZx). The rates available from BlockFi, Nexo and other centralized and regulated players is ~8%. I’m not taking advantage of the higher rate. A friend explained his […]
on the blockchain
Why are dollar-backed stablecoins earning 8% yield?
It’s not a scam. Look upstream, because the ones paying 8% are actually earning even higher rates. | learn more
on the blockchain
On stablecoins and beauty pageants
“Some algorithmic stablecoins have proposed incorporating price feeds by asking their token holders. In this post, we point out that this mechanism is broken because of a fundamental incentive misalignment.” | learn more
on the blockchain
Stablecoin project Basis is shutting down.
They had raised $133MM. They’re returning the majority of capital raised to investors who included Bain Capital Ventures, GV, Andreessen Horowitz, Lightspeed Ventures. | learn more
on the blockchain
An overview of stablecoins.
Stablecoins are tokens with values that do not fluctuate wildly, unlike most cryptos today (ahem, bitcoin). Multicoin capital overviews the landscape of stablecoins and the different approaches to creating them. They’re on a roll of putting out some great writing! | learn […]