Stablecoins made dollars programmable.
DeFi made liquidity programmable.
Perena Vaults make risk programmable.
Read the full V2 whitepaper 👇
perena.gitbook.io/perena/protoco…
Sorry but ..
Do you remember 2022 in crypto? Do you remember Anchor, Luna, Three Arrows Capital, Celsius?
Do you remember what exactly happened?
Story time ⬇️
3/ Same month, Three Arrows Capital collapsed too.
it was a hedge fund that had borrowed heavily from nearly every lender at once, using the same collateral across all of them without anyone knowing how interconnected they'd become.
when 3AC defaulted, it triggered a
5/ At Perena, we want you to understand exactly what is backing the product, what your exposure is, and what risks are associated.
You can find all the information needed to make your choice here:
Very interesting (and surprising result!)
A yield bearing asset is a crypto asset that automatically generates passive income just by holding it.
It can be an LST (Liquid Staking Token), an RWA token, a stablecoin,...
For example, USD* is a yield bearing stablecoin. Unlike
#4 - Juiced by @jup_lend: JUICED yield comes from two sources: borrowing interest from JupUSD utilisation on Jupiter Lend and T-bill yield from the reserves backing minted JupUSD.
#5 - Prime by @Figure: Prime token holders earn yield by lending against performing HELOCs awaiting securitization, with an average 42-day window between origination and sale.
Every week there's another announcement about tokenized stocks, funds, and other real-world assets.
But why should these assets live on a blockchain at all?
So we made But Why? Blockchain.
An 8-episode series with @austincampbell, produced by @ZKZeroKnowledge and @perena with
Someone asked me how is Perena different from Morpho and other curated lending vaults.
"Vault" is an overloaded word, so let me explain.
Perena is allocation infrastructure. Capital routes through a segregated vault directly into the strategy the allocator has selected and