
Stuff and things
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Let's dig into Pendle. They are a yield trading platform that has gotten a lot of traction with the current "points meta". If you were around in 21-22, there were a boat load of these yield stripping protocols. I believe it was Pendle's innovative DEX that led them to win.
Surprised to see there is over a million ETH borrowed on Aave. Is there a good place to see what these positions are collateralized by?
With all these meme coins and points programs it's easy to lose track of the novel things happening in DeFi. Here's one: Inverse Finance's Dollar Borrowing Right token or DBR. One DBR gives you the right to borrow Inverse's stablecoin DOLA for one year.
Why do so many decentralized stablecoins use governance to adjust interest rates? Even something simple like the kinked linear model in aave / compound would be better, right?