Investor @ a16z crypto | prev: MIT, Fluid Framework, Distributed Systems @ Microsoft
Go visit Paper Son Coffee on 2nd and Folsom. Say what’s up to Alex.
Go visit Paper Son Coffee on 2nd and Folsom. Say what’s up to Alex.
I knock, we chat, I’m running late, and we plan for me to come back the next day.
Today, I show up and here’s the line, 40 people out the door!!
I knock, we chat, I’m running late, and we plan for me to come back the next day.
Today, I show up and here’s the line, 40 people out the door!!
I want more safe yield onchain! There should be a competitive market. Yield bearing stables, directly issued onchain treasuries (pls!), yield passed through via providers -- all can compete for PMF
I want more safe yield onchain! There should be a competitive market. Yield bearing stables, directly issued onchain treasuries (pls!), yield passed through via providers -- all can compete for PMF
1. transactions likely happen with non-yield bearing stables
2. users are mostly indifferent to yield on fiat-reserve stables *via a provider* or *via a wrapped yb asset*
3. Strategy Backed Synthetic Dollars (SBSDs) are useful, but they're investment products
1. transactions likely happen with non-yield bearing stables
2. users are mostly indifferent to yield on fiat-reserve stables *via a provider* or *via a wrapped yb asset*
3. Strategy Backed Synthetic Dollars (SBSDs) are useful, but they're investment products