

Prometheus Research Labs
256 posts

@prl_one
Building the Buttonwood Foundation’s web3 bond market, mortages, stablecoins and more @buttondefi We’re hiring! https://t.co/wClzVcCt9l Join us at https://t.co/LJHm5ZUfOk



1/ We work closely with the @NimbleNavis team and are excited by the upcoming launch of HourGlass -- a convertible bond market for web3. HourGlass is a Buttonwood ecosystem product that gives DAOs an additional way to raise capital.

1/ Coming July 1: ButtonZero Looking for leverage without liquidation risk? Our web3 bond market will be live on Ethereum next week! Unlike everything else in DeFi, ButtonZero creates non-callable debt meaning: Zero Margin Calls -Zero Liquidations -Zero Coupons -Zero Worries




1/3 REMINDER: Today is the day! At 1:30 PM PT, the first ever Stabilizing Conversations episode will feature our beloved Manny (@mrinconcruz), Publius (@isthispublius) and the special host Asfi (@WagmiLabsInk).


There are two ways that lenders can acquire A/B tranche tokens: 1) Fast Lenders Fast lenders purchase A/B tranche tokens from the AMM pool at the current price. They are guaranteed to get tranche tokens, but must accept the current market discount.

I think a big question here: how do you sustainably create an in-game ecosystem where people can *make* real money? What are other players paying them for? The answer, maybe: if people value in-game success, they can "hire" other players by buying their in-game items etc.

Excited to announce that @m__fisher is joining the PRL team! We would have announced this on Friday, his official start date, but people tend to get confused on April Fool’s day. Welcome aboard to the future of France, ser




Q: How are loans created? A: Borrowers can initiate a loan by tranching their collateral, and then selling their safe tranches (A and B) to lenders for cash (or stable coins). This emulates a traditional loan where lenders hold senior debt, and borrowers hold junior debt.

Q: What happens after a user tranches their collateral? A: After this, the user's position value is still equivalent to holding their collateral. However, they now have 3 separate assets that represent different parts of their collateral's risk: A, B, and Z-tranche tokens.