Crypto Credit Boom & Bust From 2020 to 2022, crypto credit flowed freely, primarily through CeFi...Further data that users provide to enhance their loan terms includes credit scores from Credit Karma,...data to determine credit terms....Credit Slashing and Loan Recovery The credit slasher is 3Jane’s mechanism for dealing with borrowers...

Forum Spotlight [REDACTED] Gets a Credit Line Synopsis: Debt DAO, a new DAO currently focusing on providing...uncollateralized loans to DAOs based on cashflows, has offered [REDACTED] a $5m credit line.

MetaStreet: Establishing a Liquidity Base Layer for the NFT Credit Market [Excerpt from The Delphi Podcast...

On November 10th, we put forth a proposal to fundamentally revise Aave’s current token architecture. Having received excellent feedback from the community, we are thrilled to present V2 which incorpor...

On November 10th, we put forth a proposal to fundamentally revise Aave’s current token architecture. Having received excellent feedback from the community, we are thrilled to present V2 which incorpor...

Having worked closely with the Aave team for months, in this post we propose a new token architecture for Aave that we believe will lead to greater capital efficiency, innovation and robustness....

Having worked closely with the Aave team for months, in this post we propose a new token architecture for Aave that we believe will lead to greater capital efficiency, innovation and robustness....

Introduction Exactly one year ago, we wrote about how credit markets for NFTs were developing and why...These are: NFT Lending (credit markets) Derivatives (perps & options) In traditional markets...Introduction Exactly one year ago, we wrote about how credit markets for NFTs were developing and why...

Chart of The Day: Crypto Loans for Emerging Markets Goldfinch Protocol is a credit protocol that allows...Chart of The Day: Crypto Loans for Emerging Markets Goldfinch Protocol is a credit protocol that allows...

This report will focus on credit-financing protocols that integrate RWAs as collateral, as well as study...For clarity, we define RWA credit-financing protocols as those which are in the business of obtaining...For those interested in reading more about unsecured on-chain credit, we have previously  written about...

“Events in the banking system over the past two weeks are likely to result in tighter credit conditions...Translation: Signal to the market that we’re watching credit conditions closely....jumped to 37-year highs… Taken together, the data suggests we have a credit crunch on our hands....Any disruptions to the flow of credit are disruptions to economic growth.

...per day, while an Elemental with a score of 100 will earn you 100 Credits per day....Of course, you won’t get as many Credits, but it can still get you some exposure to the ecosystem, and...To get a spin, your NFTs have to have at least 100 Credits earned, but each spin occurs only per NFT,...so you can’t just combine Credits.

...components & the primary focus of this note Private sector savings Bank lending & shadow bank credit...creation Cross-border flows Since most credit creation today is secured (collateral-backed), the price...Lenders are more likely to extend credit when collateral values are stable, while rising collateral values...

Summer, this is a big factor in the dampened demand from key sources such as stablecoin growth and credit...Crypto credit growth has been extremely slow to recover as well....Much of this credit made its way back into the crypto ecosystem, acting as another source of demand and...

Today, we analyze the drop in TVL on Solana and our Research team examines Gearbox Protocol and its credit...Gearbox introduces a new primitive, called credit accounts, which are essentially smart contract-based...Between credit accounts and its own independent money markets, Gearbox brings a more efficient approach...

For credit cards, issuing banks charge high interchange fees (1.5-2.2%)....This is because they’re underwriting actual credit risk and funding credit card rewards....This distinction matters – the high fees merchants complain about largely reflect credit risk, not just...

When credit conditions tighten, it can have substantial ripple effects on everything from businesses...If the US economy is an engine, credit is the oil. Without it, the car won’t run....banks are increasing the cost of credit lines....Credit spreads will also widen further if credit conditions tighten considerably.

She deposits that 10k USDC into her Gearbox credit account....These users need to be approved on Discord before they are able to mint credit accounts....inside credit accounts....Before v2, credit accounts were dominated by USDC, yvDAI, and yvUSDC collateral....As seen before, credit account TVL flipped liquidity pool TVL.

The more credit that exists in the system, the more potential aggregate demand there is....The supply of credit is far more elastic than hard currency....When the economy is growing and times are good, credit tends to expand....When a recession hits, credit conditions tend to deteriorate....prices and banks’ willingness to extend credit to qualified borrowers.

Fundamentally, Euler V2 is a system of modified ERC-4626 vaults called credit vaults with added borrowing...Unlike typical ERC-4626 vaults which earn yield by actively investing deposited funds, credit vaults...Users can borrow from a credit vault if they have sufficient collateral deposited in other credit vaults...