Today in DeFi - Money Market on Aave, TrueFi, And More

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Money Market on Aave

Elsa Schneider @ES_Crescofin

We are creating a money market with @AaveAave and @chainlink that is going to change legacy banking forever. ✨ 5 min read here:

bit.lyWhy we are creating a money market on Aave.We are a regulated Swiss firm that offers an insured savings product to traditional financial institutions, with higher rates than in a bank. It works pretty well in the traditional space. So, why a…

CrescoFin has announced that it has created a money market on Aave.

This money market connects traditional financial institutions with Aave’s DeFi lending platform, and is insured by Lloyds. Find out more in the Medium article.

TrueFi Loans

TrustToken 💸 @TrustToken

🎉 Our New Product, TrueFi, is Live 🎉 The goal for #TrueFi is to lead the 2nd Wave of #DeFi by bringing uncollateralized loans on-chain. Earn high yields on stablecoin loans, borrow capital without collateral, and start farming $TRU! Get started 👉 TrueFi.io 👈

truefi.ioTrueFi Uncollateralized Loans | High Yield Lending & Borrowing Without CollateralTrueFi brings uncollateralized lending to DeFi. Now, cryptocurrency lenders can enjoy attractive, sustainable rates of return, while giving cryptocurrency borrowers predictable loan terms without requiring collateral.

TrustToken, the project behind TrueUSD, has just released TrueFi, an uncollateralized loan platform. This platform allows DeFi users to earn interest by depositing stablecoins in TrueFi. On the other side, whitelisted entities such as trading desks can borrow from the liquidity pool subject to a credit worthiness approval from TrueFi stakers.

DeriSwap

Andre Cronje @AndreCronjeTech

Deriswap: Capital efficient swaps, futures, options, and loans

Deriswap is a new derivative product from Andre Cronje which is currently in audit. It seems to be an interconnected system of spot, lending and derivative products:

“Deriswap allows for a consolidated, capital efficient market for trading, Options, Futures, and Loans, allowing LPs to keep their exposure and enjoy additional fees and rewards.”

I’m not even gonna try to explain this one - just read the article yourself if you want to find out more.

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Disclaimer: Projects or tokens mentioned in this newsletter are often experimental or unaudited. Do your own diligence before using or buying anything mentioned