Stephen Serulle pfp
Stephen Serulle

@sserulle

Today's focus: designing a senior–junior capital structure for parametric insurance. Junior LPs take first loss, senior LPs get protection + stable returns. It mirrors surplus notes, reinsurance layers, and cat bonds—bringing traditional capital structuring into DeFi risk pools. What do you think is the cleanest way to tokenize tranche exposure?
0 reply
0 recast
1 reaction