Jason Gao pfp
Jason Gao
@tradcorp.eth
Size just launched something that imo will change the fixed-rate lending game 👇 The problem: Fixed-rate liquidity often gets fragmented into different maturity buckets. The creative solution: A ‘yield curve’ order book where all offers span across many maturities. The problem with the creative solution: Managing a two-dimensional offer on-chain is a burden. The creative solution to the problem with the creative solution: @sizecredit's new Earn product. The Earn product aggregates sets of similar collateral into ‘Collections’. A Rate Provider then sets reference rates for each collateral-asset-supply-asset pair, across all maturities. Now suppliers simply choose a Collection, and start earning fixed-rate premiums (and the variable Aave rate while liquidity is unmatched). And now, finally, we have liquidity for borrowers at ANY maturity they choose.
1 reply
0 recast
2 reactions

Jason Gao pfp
Jason Gao
@tradcorp.eth
Value prop for lenders: Earn premium rates above Aave, and exit through the order book any time. Value prop for borrowers: Lock in a great rate (often below Aave due to utilization spread) for however long you want! This is now live on @sizecredit
0 reply
0 recast
1 reaction