EP 33: True power of tokenisation.Combine derivatives and Repo to create interest-bearing FlexUSD episode artwork

EPISODE · Dec 7, 2020 · 38 MIN

EP 33: True power of tokenisation.Combine derivatives and Repo to create interest-bearing FlexUSD

from Economics Design · host Lisa JY Tan

In this episode, we show the TRUE power of tokenisation.  How? Interest  earned from derivatives market and tokenise that mechanism.    The DeFi space is getting more complicated with the derivatives market  and bringing in elements of Repo into DeFi. Whilst this is really  extremely exciting, one problem is that it gets more complicated to  understand.    This is what I have been talking about! DeFi is the experimental field and we find the various ways to tokenise value add and bring this new model to traditional finance.   I'm so excited.  TLDR: CoinFlex uses Repo style mechanisms to earn the interest rates  from perp derivatives. The returns are real and is rewarded to FlexUSD  token holders. Thus, FlexUSD becomes an interest bearing USD on crypto.  Think of Aave, but instead of P2P, it's derivatives to spot.    Next step:   1) Start creating #FlexUSD here: https://coinflex.com/user-console/register?shareAccountId=1890   2) Allow the bot to do its thing and earn interest via USDC    Happy holidays 😉   In this episode, we learn in an "Explain Like I'm High-School" style of  What is derivatives and what is the difference in Crypto  What is Repo What is interest bearing FlexUSD? Where is interest coming from?  How do I cash out the interest?  What are the risks involved?  How can I get started with FlexUSD?

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EP 33: True power of tokenisation.Combine derivatives and Repo to create interest-bearing FlexUSD

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