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Kelp
6,287 posts
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Kelp
@KelpDAO
Earn from real world commerce. KUSD launching soon. Backed by: @yzilabs , Laser Digital, SCB
linktr.ee/kelpdao
Joined September 2023
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  • user avatar
    Kelp
    @KelpDAO
    Jul 14
    Every stablecoin yield comes from one of four places. Three of them pay you less as more money arrives. Where your APY actually comes from ๐Ÿงต
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    2.2K
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    Kelp
    @KelpDAO
    Jul 14
    Replying to @KelpDAO
    Payment finance A business gets paid on T+2. It needs the money now. It pays a spread to close that gap. That spread is set by invoices and settlement cycles โ€” not by how much capital is parked in a pool. This is the source KUSD is built on.
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    Kelp
    @KelpDAO
    Jul 14
    Three of those four rates are a function of how much money is chasing them. Payment finance is a function of how much commerce needs settling. That is the structural bet behind KUSD: yield from payments, not emissions.
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    Kred - Credit at internet speed
    From kred.kerneldao.com
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  • user avatar
    Kelp
    @KelpDAO
    Jul 9
    Stablecoin yield has a scale problem. Every major source works right up until the capital shows up. Then rates compress, and billions end up parked in T-bills. KUSD was built for the one credit market that doesn't compress: global trade and payments. How it works ๐Ÿงต
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    3.3K
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    Kelp
    @KelpDAO
    Jul 9
    Replying to @KelpDAO
    $KUSD: a stablecoin whose rewards come from the business of moving money, not the business of printing tokens. Targeting 8-10% base yield, from credit that clears in days. More on where the yield comes from in the coming weeks. โš“๏ธ
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    Kelp
    @KelpDAO
    Jul 9
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  • user avatar
    Kelp
    @KelpDAO
    Jul 7
    Your hgETH & agETH strategy update is here! ๐ŸŒฑ Last week's highlights: โ› hgETH: #1 ETH vault on Ethereum at 7.42% 7-day yield โ› agETH: 4.32% reward rate on ETH โ› @growcompound loops printing 9.7% โ› 70% of capital in leveraged restaking on @aave Dive into the details ๐Ÿ“ท๐Ÿงต
    3.2K
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    Kelp
    @KelpDAO
    Jul 7
    Replying to @KelpDAO
    One deposit. Curated DeFi strategies. Rewards restaked and compounded - week after week. Start earning โ†’ kelpdao.xyz/gain
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    Kelp
    @KelpDAO
    Jul 7
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