The monad account was suspended without warning, I have to assume due to a mistake. We weren't doing anything abnormal, using the API, etc.
We've reached out to X support via a variety of channels and I would expect the account to be back soon.
them: "yeah, we're bringing institutions on-chain. we're offering 420% yield, which is attractive btw, and even though they have access to credit, they'll be able to take out hugely over-collateralized loans. the transactions aren't secured but it's fine."
imua:
institutions want to move more liquidity on-chain, but defi collateral requirements are still far too high
using staked tokens as a form of smart collateral can lower the barrier to entry
more from @warpaul ⤵️
yes, institutions are moving on-chain
but to onboard to DeFi, we need to do better than 150% overcollateralization. they need default protection and better rates.
all of which is possible with commitment-backed finance
get ready ⏩
"it's all done, it's never coming back"
every cycle, that sentiment proves wrong.
but this time around, fundamentals matter.
projects with real revenue and a real reason to exist will win.
imua ⏩
your XRP, BTC, DOGE, ETH, SOL, BNB don't have to just be positions
they can secure DeFi lending and provide coverage for transactions
people will pay you yield to do that on imua ⏩