Prometheus Research Labs (@prl_one) 's Twitter Profile
Prometheus Research Labs

@prl_one

Building the Buttonwood Foundation’s web3 bond market, mortages, stablecoins and more @buttondefi
We’re hiring! prl.one/jobs
Join us at discord.com/inv

ID: 1434997166456512513

linkhttp://prl.one calendar_today06-09-2021 21:49:36

256 Tweet

684 Followers

67 Following

Matthew Fisher (@mfisher10x) 's Twitter Profile Photo

1/ The best in-game ecosystems that will succeed in the future will focus on ensuring that in-game assets have real-world value. The best way to achieve interoperability in this sense is by integrating #communityeconomics and #blockchain

Buttonwood (@buttondefi) 's Twitter Profile Photo

Q: What are A, B, and Z-tranche tokens? A: In a 20/30/50 bond: A-tranche represents the safest 20%, B-tranche represents the middle 30%, Z-tranche represents the top 50% of the collaterals value. The user can now sell some of these tranches to change their risk profile.

Buttonwood (@buttondefi) 's Twitter Profile Photo

Q: How does the lending process work? A: Lenders deposit USDT into the system in return for A or B-tranche tokens. Since these tranche tokens trade at a discount, the lender can expect to earn fixed-rate interest on their deposited capital.

Tom Emmer (@gopmajoritywhip) 's Twitter Profile Photo

Any central bank digital currency that is not open, permissionless, and private – like cash – is simply a surveillance tool. I am proud to have Senator Ted Cruz lead the Senate companion of my CBDC legislation. 👇

Buttonwood (@buttondefi) 's Twitter Profile Photo

Today (1st of April) is the maturity date of our first cycle! (our alpha phase) Even though there was a negative supply movement on AMPL since the bond configuration date, A-tranche token holders were able to gain more than %20 interest rate on 3 months! Congrats everyone! 🥳

Today (1st of April) is the maturity date of our first cycle! (our alpha phase)

Even though there was a negative supply movement on AMPL since the bond configuration date, A-tranche token holders were able to gain more than %20 interest rate on 3 months! Congrats everyone! 🥳
Prometheus Research Labs (@prl_one) 's Twitter Profile Photo

Excited to announce that @m__fisher is joining the PRL team! We would have announced this on Friday, his official start date, but people tend to get confused on April Fool’s day. Welcome aboard to the future of France, ser

Buttonwood (@buttondefi) 's Twitter Profile Photo

Q: How does the borrowing process work? A: Borrowers can initiate a loan by tranching their collateral, and then selling their safe tranches (A and/or B tranche tokens) to lenders for cash.

Q: How does the borrowing process work?

A: Borrowers can initiate a loan by tranching their collateral, and then selling their safe tranches (A and/or B tranche tokens) to lenders for cash.
Buttonwood (@buttondefi) 's Twitter Profile Photo

1/ ButtonZero Part 1: Zero-token, single-token, double-token debt Implosions of #Celsius & #3AC make it clear that web3 needs alternatives to margin leverage. ButtonZero’s approach involves what we call double-token debt. Let us explain using the history of debt innovation🧵:

1/ ButtonZero Part 1: Zero-token, single-token, double-token debt
 
Implosions of #Celsius & #3AC make it clear that web3 needs alternatives to margin leverage.
 
ButtonZero’s approach involves what we call double-token debt. Let us explain using the history of debt innovation🧵:
Buttonwood (@buttondefi) 's Twitter Profile Photo

19/ As we can see, almost all of DeFi today is single-token debt, since debtors are still bound by idiosyncratic vaults and borrowing positions. Remember, to tokenize means to make something both transferable AND fungible.

19/
 
As we can see, almost all of DeFi today is single-token debt, since debtors are still bound by idiosyncratic vaults and borrowing positions.
 
Remember, to tokenize means to make something both transferable AND fungible.