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A community for the latest discussions about the cutting edge of crypto design, it's culture and significant crypto news. Decentralize everything. Check out our [Community Guidelines](https://relevant.community/crypto/post/6122269e61d1cd005a877277/62427d3ed587ad005b647828)
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There are a quite a few new protocols being launched that allow people to use the yeilds from various interest bearing coins for other purposes. One of the most well know is probably Alchemix that allows people to take overcollaterised loans that pay themselves off. There are other protocols though that allow you to split the interest bearing coin into two tokens. One represents the principal and the other the represents the yeild. This allows people to go short or long on the interest. Fascinating iterations of defi that remind me a bit of the bond market in some ways. This article gives a nice overview of some of these projects and what you can do with them.
There are a quite a few new protocols being launched that allow people to use the yeilds from various interest bearing coins for other purposes. One of the most well know is probably Alchemix that allows people to take overcollaterised loans that pay themselves off. There are other protocols though that allow you to split the interest bearing coin into two tokens. One represents the principal and the other the represents the yeild. This allows people to go short or long on the interest. Fascinating iterations of defi that remind me a bit of the bond market in some ways. This article gives a nice overview of some of these projects and what you can do with them.
I didn’t use alchemix yet but with V2 and the possibility to deposit ETH for alETH I think I will try it. I’ve been doing my research before playing with real money. It’s sound Interesting concept, to be sure. Anyone here has any experience with the platform? Druss Sir ? Others?
I didn’t use alchemix yet but with V2 and the possibility to deposit ETH for alETH I think I will try it. I’ve been doing my research before playing with real money. It’s sound Interesting concept, to be sure. Anyone here has any experience with the platform? Druss Sir ? Others?
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