Top Results349 results
Engineering Real Credit Onchain: The 3Jane Bet
In TradFi, this is where legal systems step in: asset seizure, debt collection, and bankruptcy courts...Some protocols must integrate off-chain enforcement (e.g., real-world debt collectors), others can build...At the same time, late penalties start accruing, further increasing their debt obligation. ...-based debt collection agencies.
18 Min
DeFi
Jul 2025
A Deep Dive on Galaxy Digital's Flagship AI Mining Center Helios
Galaxy expects to announce the execution of project-level debt financing (i.e. construction loan) in...$5.8B of CoreWeave’s outstanding debt consists of Delayed Draw Term Loans (“DDTL”)....CoreWeave only incurs debt under its DDTL facilities upon signing of a customer contract – debt is drawn...to drive down its debt cost of capital.
32 Min
Macro & Markets
Jun 2025
Policy Formulation Survival Guide for Security Status
...foundational challenges we faced in 2020—but now we’re burdened with a ton of additional regulatory debt...How do we start wading through this regulatory debt?...on this journey, I have been advocating for a few things since the start of 2025: Clear Regulatory Debt...
9 Min
Policy
Apr 2025
USD.AI: Financing the Future of AI Infra
...agreement, the NFT is transferred back to the borrower, who can then post the NFT as collateral to access debt...If the borrower has not yet used debt proceeds to purchase more of the original chips, it may make sense...The governance token will have a gauge-weighted mechanic that directs passive debt to different hardware...
14 Min
Infrastructure
May 2025
April Showers… May Flowers? - Macro & Markets May 2025
Japan is another focal point, with concerns about the sustainability of its government debt evidenced...downgrade of its US credit rating further supports this tension, given the agency’s rationale of rising debt...If demand for sovereign debt wanes — as debt supply continues to expand — liquidity issues will almost...
25 Min
Macro & Markets
Jun 2025
The Public Crypto Accumulator Era - Part 1
These are public crypto accumulators: companies that use equity, debt, and reflexive investor demand...These firms are capital structure optimizers: using equity issuance, debt instruments, and reflexive...flywheel, typically unfolding in five steps: Funding: The company raises capital through equity or debt...
31 Min
Macro & Markets
Jun 2025
Inside the Ecosystem: Fueling Aptos' Global Trading Engine
As trader PNL grows, mUSD minters (or LPs) will see their debt grow....SNX stakers can mint sUSD against their SNX and cumulatively form the “global debt pool”....If traders win trades, the debt pool rises and impacts stakers on a pro-rata basis....If traders net lose on the platform, the global debt pool shrinks.
39 Min
Infrastructure
Jun 2025
Something’s Gotta Give
...mismatch only gets worse the higher yields rise, and as the US Treasury starts issuing more LT coupon debt...just when the US needs them most (remember, the US Treasury needs to rollover ~$10 trillion of UST debt...
7 Min
Macro & Markets
Jan 2025
An Ode To Bitcoin
“As global debt rises to new heights, Bitcoin can serve as a check on government institutions by offering...the incumbent system — a “check” on governments and policymakers who grew increasingly dependent on debt...market value is only 3% of total US public equity market cap (1.5% of global), 5% of total US public debt...
12 Min
Other
Dec 2024
The Year Ahead for DeFi 2025
These cards support LSTs like sAVAX and eETH, and allow users to pay down debt with yield generated....Loan defaults will be handled by embracing free market dynamics; bad debt is permissionlessly auctioned...One can think of it as a debt that pays for itself....With a 90% LTV LP pair, traders can achieve up to 19x leverage (utilizing 10x collateral and 9x debt)...
72 Min
DeFi
Dec 2024
A Deep Dive on Galaxy Digital's Flagship AI Mining Center Helios
Galaxy expects to announce the execution of project-level debt financing (i.e. construction loan) in...imply ~$43B of enterprise value at $1.7B of EBITDA, and ~$32B of equity value (reflecting the ~$11B of debt...
4 Min
Macro & Markets
Jun 2025
The Year Ahead for Markets 2025
...total global debt (public + private)....On January 1st, the US debt ceiling will be reinstated (based on the amount of debt outstanding on that...We’ve seen this song and dance before too (key debt ceiling dates highlighted in below chart)....The US debt ceiling will need to be raised again — it’s not a question of “if”, but “when”.
90 Min
Macro & Markets
Dec 2024
The Future of Onchain: The Age of Tokenization & The Token Identity Crisis
The securities, which range from equity, debt, funds, and others can be traded as tokens with full regulatory...
20 Min
Other
May 2025
MON Protocol - Primed for IP Expansion
...much more niche Web3 total addressable market (TAM) that comes with additional baggage and expectation debt...
16 Min
Gaming
Apr 2025
Market Musings - Game Time For Crypto Markets
...expressed any real concern or desire to address the 35-Trillion pound elephant in the room – the US debt...As such, the debt and deficits will continue to rise.
16 Min
Macro & Markets
Oct 2024
Aptos: Infrastructure for the Financial Internet
The most important downstream implication of this is that Aptos can avoid technical debt that compounds...
30 Min
Infrastructure
Apr 2025
The Inefficient Market Hypothesis
Cycles is refocusing the discussion around money to the debt side....To clear the most debt, for the most people, with the least amount of money....Obligations are the debt that a payment settles (invoice, rent, etc.)...The are four ways to discharge debt/settle.
43 Min
DeFi
Sep 2024
Initia: Fulfilling The Appchain Vision
Its purpose is to build the debt engine of the interwoven modular economy.  ...
31 Min
Layer 1 / L1
Feb 2025
The Year Ahead for AI + DePIN 2025
Structural Leverage – These capital requirements necessitate significant debt financing....Verizon carries $150.7B in debt with $5.5B in annual interest expense....Rising rates have pushed their average cost of debt from 3.7% to 4.9% in a single year....The remainder is consumed by spectrum costs, operations, capex, and debt service.
122 Min
Artificial Intelligence
Dec 2024
Reassessing Monetary Architecture in the Age of Crypto
...bank runs and systemic risk by forcing money issuers to hold only safe, liquid assets like government debt...to lend more or less, propping them up in crises, and flooding them with reserves to keep sovereign debt...
9 Min
Stablecoins
Jun 2025