How most "RWA credit vaults" work today
1. You deposit USDC into a smart contract and get a "yielding stablecoin" in return.
2. The affiliated labs co / foundation takes your money from that contract and lends it to an offchain borrower. Sometimes the borrower pledges / sells
USA
Joined August 2018
- Lord give me the confidence of a crypto lender depositing into DeFi and earning 100 bps below SOFRShow me the cheapest places to borrow USD-pegged assets against BTC or ETH collaterals with available liquidity of =>10m.
- Great report from @FalconXGlobal on Gensyn's AI oracles, and how they settle on-chain markets like @Delphi_fyi.
- Prediction markets are a (poorly understood) multi-billion dollar industry. This @LawofCodeFM episode is a multi-hour deep dive on prediction markets, from conclave betting in 15th century Rome to proposed rulemaking from the @CFTC earlier this month. My goal: the internet's
- RWAs need better oracles. Can't just relay the borrower's claims at face value. Need to independently verify collateral / covenants on a regular basis.Accountable has terminated its service agreement with MainStreet, effective immediately. MainStreet was unable to meet our verification standards. We recognize that markets relied on this feed and are working closely with partners across the ecosystem as the situation evolves.








