The first phase of DeFi proved that financial logic could live onchain.The next phase is integrated market structure: shared collateral, transparent settlement, explicit risk, and products designed to operate as one system.Good conversation with The Block on Flying Tulip, total return swaps, ftUSD, and why we are scaling slowly and safely.None (@None):Exploring the origins of DeFi protocols with Andre Cronje https://t.co/rxkwW64Hp0 ...

Data asymmetry is tricky in this space. https://t.co/faCodhXeevNone (@None):Flying Tulip Weekly Update: August 21This week, Flying Tulip live-product TVL crossed $21.8M, with $4.72M in ftUSD and $17.08M in Lend. All without points or other incentives.Protocol buybacks also hit new highs this week, with two record days reaching more than 24K FT and https://t.co/T2ejjMg9HB ...

ftUSD earning 10% stable now for 3 months @ $5m. DN scaling up, still only 1x, safe up to 8x.ftUSD fully liquid against USDC/USDT, but even if you don't want the risk, can borrow for 1.09% from Margin lending and still earn the delta.Using BTC as collateral even earns 0.72% (will keep increasing thanks to @yieldbasis).None (@None):Flying Tulip Weekly Update: August 21This week, Flying Tulip live-product TVL crossed $21.8M, with $4.72M in ftUSD and $17.08M in Lend. All without points or other incentives.Prot ...

RT None (@None)Flying Tulip Weekly Update: August 21This week, Flying Tulip live-product TVL crossed $21.8M, with $4.72M in ftUSD and $17.08M in Lend. All without points or other incentives.Protocol buybacks also hit new highs this week, with two record days reaching more than 24K FT and 25K FT in buybacks.Current APYs:— Lend USDC: 3.14% on Ethereum / 5.59% on Sonic— ftUSD: 9.96% on Ethereum / 9.18% on SonicAndre Cronje joined The Block to speak about the evolution from immutable DeFi to capital-efficient o ...

RT None (@None)Flying Tulip live-product TVL crossed $21M, and keeps growing.▸ $16.53M in Lend▸ $4.72M in ftUSDData from https://t.co/sBIb84fNZQ https://t.co/2UZc7LbKMd ...