Credit platform backed by financial guarantees
New York City
- Tweets 1,628
- Following 11
- Followers 23,560
- Likes 2,179
cap retweeted
Announcing our final set of partners for Onchain Day at TOKEN2049 Singapore, powered by @StellarOrg!
Built by @wrappedxyz, hosted by @momentumxglobal and amplified by @realmotioninc.
🟩 @usecowboy
🟩 @Ymaxapp, built by @agoric
🟩 @Anchorage
🟩 @CapApp
🟩 @cybrid_xyz
🟩 @KAIO_xyz
🟩 @Multichain
🟩 @solana
And thank you to all of our current partners!
@AlgoFoundation | @CertiK | @FlareNetworks | @0G_labs | @ChainPatrol | @Dune | @ethereuminsti | @GoKiteAI | @Mercuryo_io | @moraleshr | @_quakeai
🗓️ RSVP: luma.com/onchaindaytokensing…
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cap retweeted
Putting private credit on-chain can make settlement faster, improve transparency, and automate payments. But who bears the loss when a loan goes bad?
@Benjamin918_ from @CapApp, argues that the biggest problem is misaligned incentives: thefr.com/news/tokenizing-pr…
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Cap has created a novel credit marketplace with a new participant, the funded underwriter.
Instead of a central team allocating capital, an independent party posts collateral and is rewarded for their judgment.
This is how Cap enables onchain credit to scale across industries.
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cap retweeted
When yield has no visible source,
you are the source.
@defidave of @CapApp on separating sustainable onchain yield from the kind that ends badly.
The question isn't what's the rate. It's who's paying it and why.
Brought to you by @wrappedxyz and @realmotioninc
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Lombard’s Bitcoin Onchain Credit Strategy is funded underwriting in practice.
By providing sound judgement, Lombard earns a premium.
Credit is evolving and Cap is leading the way.
Credit is the latest addition to Lombard's suite of yield opportunities. Bitcoin Onchain Credit Strategy (BTCoc) launched two months ago.
BTCoc posts LBTC as collateral on @symbioticfi to underwrite a USDC credit line from @CapApp to @FlowTraders.
In two months we scaled to $45m, generating close to 2% net APY on Bitcoin. As LBTC scales it's underlying active allocation managed by @Bitwise, the strategy targets 4% net.
Bitcoin will win.
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Over the past year, institutions and brick & mortar businesses alike have been coming onchain.
When these companies collectively onboard billions of dollars, they demand a level of transparency and recourse few can provide.
Through funded underwriters, Cap is one of those few.
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Your PnL is up on @fomo. You're ready to withdraw some USD but you don't want them to sit idle.
Now you can put them to work on Cap. Here's how to move into stcUSD and start earning yield.
All you need: funds in Fomo and a few minutes of your time.
Step by step guide 👇
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Cap is a credit platform powered by funded underwriting and backed by Franklin Templeton.
Holding stcUSD mean's you're holding Cap's yield-bearing asset. That yield comes from borrowers who each have an underwriter posting collateral on each borrower's behalf.
More details about Cap and this step-by-step guide can be found in our latest post: cap.app/blog/how-to-transfer…
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cap retweeted
Franklin Templeton, with $1.7-1.8 trillion in assets, has been moving deeper into crypto, and one exec says that's a signal worth paying attention to.
@TimeTrialSteve, Head of EMEA at @CapApp, tells @RPether "this is coming" and there's little risk of it reversing, which is why he left Franklin Templeton to go all-in on crypto himself.
#Money2020MiddleEast #Money2020 #Riyadh
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cap retweeted
The future of onchain yield is funding real world businesses
Not only is that more sustainable than trading strategies & yield farming, but it's also more interesting as a builder
Your stablecoin yield can come from a film production borrowing against its release.
One of the yield sources @Benjamin918_ traces inside stcUSD.
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