In other news, 3Jane has distributed the first weekly promise fees in USDC to LCC stakers across $8.4M TVP, on top of @aave yield
USDC pool: 20.51% USD APY
USDT pool: 20.29% USD APY
Capital is the resource for lending protocols
Promises are the resource for LCC
Turning promises into financial objects opens an entirely new plane of financial innovation and brings a new kind of fractional reserve to crypto:
Robinhood Chain assets now count toward LCC capitalization
Earn yield on ~$800m in tokenized equity pairs and pool2's whilst harvesting standby fees on the same $1 by promising to fund a capital call