mod323 (@itsmod323) 's Twitter Profile
mod323

@itsmod323

@credidotfi @pintodotmoney @NebulaExch

ID: 1037835834156675072

calendar_today06-09-2018 22:51:59

671 Tweet

367 Followers

1,1K Following

Stable Summit 🦫 (@stable_summit) 's Twitter Profile Photo

NYC frens, Stable Gathering is back July 31! Hosted at Manifest Crypto with Pinto crew. Into stablecoins, DeFi or just want alpha + vibes? Pull up w/ Verina Hanien, Austin Campbell, DeFi Dave, benweintraub, mod323, ebisu ethan 🎣, Will Nuelle lu.ma/stablegatherin…

Pinto (@pintodotmoney) 's Twitter Profile Photo

Stable Summit 🤝 AlgoStables. Come hear from and meet the people at the frontier of money one week from today in NYC. Given the recent activity on the farm, there should be plenty to discuss 🔨

benweintraub (@bwein_) 's Twitter Profile Photo

the timing for this event could't be better...just as pinto is starting to heat up and algo stable szn seems to be nearly upon us stoked to talk with DeFi Dave mod323 who have been longtime supporters of beanstalk and now pinto!

benweintraub (@bwein_) 's Twitter Profile Photo

people who think digital gold will outcompete fiat are ignoring the fact that fiat outcompeted gold as money in the 20th century. the market chose fiat the reality is the only way to outcompete fiat is with digital fiat where the printer is owned by the people few

Carnation (@0xcarnation) 's Twitter Profile Photo

We want to give every Bera a chance to eat - Credifi offers fixed 4% APR borrowing up to 5K HONEY based on your credit history - bring it to Infrared’s HONEY-BYUSD iVault for 15%+ APR that’s over $500 in real yield every single year with 0 (zero) down payment

We want to give every Bera a chance to eat

- <a href="/credidotfi/">Credifi</a> offers fixed 4% APR borrowing up to 5K HONEY based on your credit history

- bring it to <a href="/InfraredFinance/">Infrared</a>’s HONEY-BYUSD iVault for 15%+ APR

that’s over $500 in real yield every single year with 0 (zero) down payment
mod323 (@itsmod323) 's Twitter Profile Photo

“fiat has outcompeted hard assets like gold as the global currency in spite of the abuse of the printer.” ben weintraub (1≈1) on why fiat is the best money and what a fair fiat could look like. Pinto (1≈1)

mod323 (@itsmod323) 's Twitter Profile Photo

we built a Buy Now Pay Later widget powered by Credifi in this week’s Berachain Foundation 🐻⛓ hackathon - and took second place! 🥈 if you’re a merchant looking to integrate a DeFi powered BNPL checkout into your store, we’d love to connect. Credifi

mod323 (@itsmod323) 's Twitter Profile Photo

if a stablecoin is backed by debt, how do you then price it? how do you track the “true” market rate to issue it efficiently? too low, you sell none. too high, and you collapse under its weight. the field is a living, breathing controller: an algorithm that continuously

mod323 (@itsmod323) 's Twitter Profile Photo

defaults are part of the game, and loan modifications are one way to correct for excessive risk after the fact. too much of it though and it’s a clear sign of poor underwriting.

benweintraub (@bwein_) 's Twitter Profile Photo

the Ethereum network – originally founded on the vision of a censorship resistant, permissionless and trustless financial system – has been compromised by its overwhelming dependence on centralized stables. the community continues to ignore the threat posed by dependence on

mod323 (@itsmod323) 's Twitter Profile Photo

the stalk system is a novel mechanism that minimizes bank runs. not by penalizing depositors, but by creating an opportunity cost to exiting.

ST0RM (@crypto_st0rm) 's Twitter Profile Photo

Looks like they’re one integration away from normies being able to use them and take out loans where funds are directly deposited into their fiat bank accounts WITHOUT all the BS with banks and paperwork No wallet needed, no delays, instant, encrypted KYC, funds backed by

ST0RM (@crypto_st0rm) 's Twitter Profile Photo

vitalik.eth Credifi is my favorite unsecured DeFi credit product I’ve used lately, highly recommend The way they’re approaching things, web2 users will be able to take out a DeFi loan (encrypted KYC through Plaid, Euler lending vault on backend) and receive funds directly in their bank