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

fooo Watching this on loop for the last 30min

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.

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.

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. 👇

.Manny RinconCruz @damsondao [update GFI1] Can Terra escape the coupon coin curse? mirror.xyz/damsondao.eth/…

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! 🥳

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

Welcome to the team, sir! Why don't we all give our newest member a warm welcome and follow him!😅 👉@m__fisher

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.

FUNDING SECURED

Reminder that this is happening today! Listen in for what will be a fun talk between three great builders in the space

There's an AMA today at 1pm PST to answer questions about ButtonZero. See you there! discord.com/events/8856948…

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🧵:

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.

Can't wait for this!

Happy birthday Taiwan. (Image courtesy of OpenAI )

Go check out Hourglass! A very cool project that truly works to be permissionless and peer-to-peer.