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

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

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 […]