"We see that there is still demand in decentralized finance for high yields. Users are willing to move out the risk curve if the risk-reward makes sense," Julian Koh, co-founder and CEO of Ribbon, told CoinDesk."Undercollateralized lending to reputable institutional trading firms seems to fit that category well."
An institution can borrow USDC from AAVE at a much lower cost but at the expense of locking another cryptocurrency as collateral. In other words, the borrower stands to lose the liquidity of the collateral locked, which isn't the case with Ribbon's Lend. "Borrowing through Ribbon is more capital efficient," Folkvang's CIO Jeff Anderson said."With the advent of Lend, Ribbon now offers a one-stop shop for the full DeFi product suite and we are proud to be pioneers on the platform."
wintermute_t ribbonfinance godbole17 'Unsecured = That's gonna end well'.
wintermute_t ribbonfinance godbole17 buy tamadoge next listingBINANCE!
ribbonfinance wintermute_t godbole17 $RBN DOVs + Deribit + Clearpool. Interesting if TVL/volumes scales.
wintermute_t ribbonfinance godbole17 Huh there is no way to fix the liquidity of the usdc, the usdc should have been created a couple of years before it was created
wintermute_t ribbonfinance godbole17 TerraformIab Thanks so much fooooorrrr this gift
wintermute_t ribbonfinance godbole17 Use our app to invest in DeFi platforms🚀
wintermute_t ribbonfinance godbole17 wwhyy everyyone covering this from us
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Cointelegraph - 🏆 562. / 51 Read more »