Fixed interest rates to create a DeFi 2.0 for institutions, says former bank ...
In its latest seed funding, Infinity Exchange investors allied behind the need for more secure institutional investment. Infinity Exchange, a new platform providing institutional grade capital efficiency in decentralized finance (DeFi), announced a $4.2 million seed round in a bid to boost institutional adoption for DeFi.Infinity Exchange is led by ex-Morgan Stanley executive Kevin Lepsoe, who left the world of traditional finance with sights set on the possibilities provided for investors through DeFi.However, the founder says that institutional investment is critical for providing strong....
Related News
Decentralized finance still has a way to go before it can attract institutional capital. Meanwhile, Fireblocks has become a 9-figure revenue-generating company. Cryptocurrency has converted another veteran of Wall Street after ex-Morgan Stanley executive Kevin Lepsoe launched a new platform for decentralized finance (DeFi). His new firm, Infinity Exchange, received a nice injection of seed funding in a bid to boost DeFi adoption among institutions. In his pledge to help build “DeFi 2.0,” Lepsoe described one of the biggest pain points of DeFi 1.0 — and it’s one you probably haven’t heard....
Kulfi Finance is the first Cardano fixed-rate money market. At launch, vaults will be dedicated to stable-asset and pegged-asset pairs, with additional vaults added in the future. Louis Ryman, Chief technical officer at Kulfi, stated “By building upon Cardano, Kulfi has created a simple way for crypto users to access the benefits of fixed rate money market.” Kulfi finance facilitates fixed-rate lending, borrowing of Cardano native assets at fixed rates / Terms through an innovative financial primitive called wTokens. Fixed-rate financing touches all the edges of the modern financial....
Kulfi Finance is the first Cardano fixed-rate money market. At launch, vaults will be dedicated to stable-asset and pegged-asset pairs, with additional vaults added in the future. Louis Ryman, Chief technical officer at Kulfi, stated “By building upon Cardano, Kulfi has created a simple way for crypto users to access the benefits of the fixed rate money market.” Kulfi finance facilitates lending and borrowing of Cardano native assets at fixed rates / Terms through an innovative financial primitive called wTokens. Fixed-rate financing touches all the edges of the modern financial....
Researcher argues that fixed rate lending and borrowing would bring DeFi closer to traditional finance DeFi lending protocols have attracted billions of dollars in liquidity provision by offering huge returns, however the sector badly needs more fixed rate lending options according to one researcher.A number of protocols, including Yield Protocol, UMA Protocol, and Mainframe are already venturing into fixed rate lending and borrowing markets for crypto collateral. According to Messari researcher Jack Purdy fixed rates provide certainty for lenders and borrowers looking to accurately....
DeFi is a complicated space, but with research and some patience, average investors can still get involved. Decentralized finance (DeFi) protocols have diversified investment opportunities in the crypto industry by facilitating novel and innovative passive income generation schemes.Delving a bit into how they work, DeFi systems are based on blockchain technology and run on programmable chains such as the BNB Chain and the Ethereum Network.The chains use decentralized peer-to-peer (P2P) finance architectures to cut out the middleman and enable lending, borrowing and liquidity provision.....