842971
Aryn
@achad #842971
Building something new 🛠️
368 Follower 43 Following
So much energy today…the future is now old man 🚀🚀
Being a founder trying to focus on a narrow niche is like being a child in a candy store and being forced to eat kale.
Launch something bad…quickly
Undercollateralized lending proliferation on chain is inevitable. I think 2 things need to happen to get there.
1) We need a wedge product to prove to users that on chain borrowing can be cheaper and more efficient while proving to lenders that defaults don’t significantly change when the money transfer rails are changed.
2) Someone needs to create a middle layer between liquidity providers and borrowers that underwrites the risk and manages lending. Unlike Aave’s and Morpho’s of the world, undercollatoralized protocols can’t scale vertically until there’s a way to delink off-chain management of debt from the lending marketplace itself.
1) We need a wedge product to prove to users that on chain borrowing can be cheaper and more efficient while proving to lenders that defaults don’t significantly change when the money transfer rails are changed.
2) Someone needs to create a middle layer between liquidity providers and borrowers that underwrites the risk and manages lending. Unlike Aave’s and Morpho’s of the world, undercollatoralized protocols can’t scale vertically until there’s a way to delink off-chain management of debt from the lending marketplace itself.
Never let the scientist in you die 🧬🧪
Forest fires while flying into LAX. Have we done irreversible damage alr???
Successful day as a founder be like
If you find the right altruistic mentors, you’ve won half the battle. Shipping product that moves you towards your north star quickly is the other half.
4am is the only sane time to drive into Boston on September 1
I imagine a world where my paycheck hits my base wallet in usdm👀
The goat devs of Warpcast, anyone working on or know about the most user friendly way to send people PYUSD without forcing them through a long onboarding process. PayPal APIs doesn’t quite let me to create wallets for people on their behalf?
Brazil bans x…is that crowd moving to farcaster?!