bonds tool Porter Finance relaunched the project on Monday, months after Porter was shut due to a lack of demand from borrowers.decentralized autonomous organizations
Selling bonds to raise money is an attractive alternative to selling tokens and gives DAOs another way of funding growth, the developers said in an email to CoinDesk. The bond buyers receive high fixed yields in exchange for lending to these DAOs. Bonds allow DAOs to borrow funds at fixed interest rates without the fear of liquidation by using their native tokens, which make up the majority of their treasuries. Borrowers using collateralized debt positions on other protocols must maintain a particular collateral ratio or risk being liquidated.after founder Jordan Meyer cited a lack of demand amid a market-wide price decline and overall waning sentiment about the long-term growth of cryptocurrencies.
arborfinance shauryamalwa Scoop? Half the crypto is a copy-paste scam..