EPISODE · Apr 26, 2023 · 36 MIN
#2 | Resonate Finance: Revolutionizing Liquidity with Yield Futures and NFTs
from The Contango Podcast · host Mike Grantis
Follow Contango on Twitter: https://twitter.com/contangodigitalFollow Resonate Finance on Twitter: https://twitter.com/resonatefinanceToday, I'm chatting with Rob Montgomery, founder and CEO of Resonate Finance, a protocol enabling the creation and sale of yield futures. So what are yield futures? Well, typically a liquidity provider or market maker will deposit liquidity into a protocol and earn a variable yield based on those deposits until eventually they choose to withdraw that liquidity. Now, with Resonate, those liquidity providers have the option to lock up that collateral for a specific amount of time and get paid a stable yield upfront, allowing them to access those yield futures immediately. This is all enabled through the minting of a financial NFT representing the locked liquidity position. Resonate Finance is currently raising their seed round; they're raising a $2 million at a fully diluted valuation of $10 million on a mix of equity and token. So with that in mind, here is my conversation with Rob Montgomery.
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Follow Contango on Twitter: https://twitter.com/contangodigital Follow Resonate Finance on Twitter: https://twitter.com/resonatefinance Today, I'm chatting with Rob Montgomery, founder and CEO of Resonate Finance, a protocol enabling the creation and sale of yield futures. So what are yield futures? Well, typically a liquidity provider or market maker will deposit liquidity into a protocol and earn a variable yield based on those deposits until eventually they choose...
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#2 | Resonate Finance: Revolutionizing Liquidity with Yield Futures and NFTs
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