The bridge between TradFi and DeFi has never been clearer. Onchain asset management in action.

Three legitimate onchain protocols creating value at large scale: @SkyEcosystem 🤝 @sparkdotfi 🤝 @maplefinance 1. Spark borrows $530 million from Sky. 2. Spark deploys the $530 million into syrupUSD. 3. Maple lends this capital to institutional borrowers who pay interest. 1. Spark pays Sky the "base rate" (5.05%, $26.7m in annual interest). 2. Spark deploys into syrupUSD earning 6.74% yield (1.69% spread, $8.96m in annual revenue). 3. Maple earns performance fees from the gross interest generated in their pool.

With the transfer of 1b tbills to the Grove Star, @sparkdotfi is now operating entirely on crypto yields, generating 6.55% on 3.6b (and climbing rapidly). Spark retains 100% of the spread after paying Sky's Base Rate (curr. 4.8%). Net revenue dashboards will be released soon.

$1 billion industrial sized farm 🧑‍🌾

🤯

Our goal is to make the qualifier of "onchain" unnecessary

Refreshed and rejuvenated from EthCC + team offsite. The Spark team is scaling. Big things are coming.

these $ETH accumulation treasury companies should use DeFi to lever long staked ETH on *light* leverage use aave/mkr/morpho/euler/etc to stimulate the onchain ecosystem and also fulfill your mandate cc @ethereumJoseph

Another @coinbase loan user story that made my day. Moved to Africa where his partner is living, he couldn't got any loan from any bank. So he used the app to borrow USDC to buy his flat. This is why we’re building Morpho: financial access for everyone, everywhere on Earth.

Anyone whos at ETHcc and wants to chat today hmu