/biz/ - Business & Finance

he's a HOWIE and thats all that matters.

>>28992883
Howie is going to dismantle the jewish banking cabal with his liquidity solutions.

Shill me on this.
Why will it make me rich? What does it do? What’s a make it stack?

>>28994607
It lets middle market banks lend out their excess short term cash to each other instead of getting jewed by the large banks. It’s basically an aave for entities with 100M+ in cash. Make it stack is 250k-500k conservatively.

>>28994920
Why would they not just use the repo market (where they’d be collateralised with securities)?
What would they collateralise the loans with?

>>28995220
these people unironically believe banks are going to buy an erc20 shitcoin token on ethereum to do something they are already doing....this is up there with some of the dumbest scams I've seen

>>28995388
Of course they are. Don’t get left behind.

>>28995220
It solves a specific problem, according to the founder. When institutions wire large sums of money to each other. It is covered in the AMA.

https://www.youtube.com/watch?v=y8S2zq7Kp4Y

If you have time to watch it and assess his position, I would be interest to hear your opinion.

>>28995220
Short term cash, like 12 hours. It’s going to be like aave, deposit a certain amount before borrowing

>>28995388
The occ cleared banks to make payments with stablecoins in January. The lending/depositing will be in stablecoins. Buying ersdl is just a licensing fee. Weak fud, this project is infuddable.

>>28995220
I believe they plan to charge a lower interest rate than what is normally provided on the repo market. They want their product to be more enticing to both borrowers and lenders for extremely short term loans. They are trying to build a platform which allows, as Howard puts it "sophisticated lenders" to interact in Defi space. I believe the white paper refers to the implementation of a stable token as the source of liquidity for collateral, might have to double check that.

I see this as opening up institutions to defi markets. As people like to make the comparison, AAVE for merchant banking.

Howard is like the Jewish Walt Disney of the crypto space.

.081

i own 2 million bros I'm gonna finally make it

>>28999433
fugg, when's the correction?

>>29000100
Damn congrats

>>28996247
so tell me....why the fuck does the team need to raise money from neets and sell their shitcoin on uniswap? if this was a legit project it wouldn't be in your faggy metamask wallet retard.

>>28995388
here comes the retard who didnt buy lmao

>>29000362
probably at .10, if not who fucking knows

>>29000636
I dunno, how do you explain 95% of crypto projects?