2/ But now, narrative has shifted, bear market hits, and we're in a dire situation.
15 Jun 2023, 12:49
2/ But now, narrative has shifted, bear market hits, and we're in a dire situation
At Beta, we have consistently been focused on LTAs and how we can bring greater utility and capital efficiency to them. It's not an easy problem.
Same news in other sources
215 Jun 2023, 12:50
3/ v1 introduced earning yield for LTAs via hedging
v2: OMNI will address using LTAs as collateral for capital efficient borrowing
The recent news has cemented our belief that DeFi needs #OMNI, and we're excited to bring #OMNI to DeFi
Stay updated w/ #OMNI by following us👈
3/ v1 introduced earning yield for LTAs via hedging.
3/ v1 introduced earning yield for LTAs via hedging
v2: OMNI will address using LTAs as collateral for capital efficient borrowing
The recent news has cemented our belief that DeFi needs #OMNI, and we're excited to bring #OMNI to DeFi
Stay updated w/ #OMNI by following us👈
15 Jun 2023, 12:49
1/ The recent $CRV issues on Aave show us there is a need for a new mechanism design for money markets that is able to handle LTA safely.
During the bull market and Curve Wars when $CRV was at the top of DeFi, few saw problems with allowing ~35% of supply to be held in Aave
1/ The recent $CRV issues on Aave show us there is a need for a new mechanism design for money markets that is able to handle LT
1/ The recent $CRV issues on Aave show us there is a need for a new mechanism design for money markets that is able to handle LTA safely.
During the bull market and Curve Wars when $CRV was at the top of DeFi, few saw problems with allowing ~35% of supply to be held in Aave