There's a trust problem in yield-bearing stablecoins.
Four different yield models were explained in detail, alongside the defenses in place for when losses actually occur.
On stage:
@Ayyanrahman (OnRe)
@DrPayFi (Huma)
@tarungupta1475 (Coinshift)
@MarcoPagnini2 (Pelican Investments)
Moderated by
@OnigiriGP (Onigiri Capital)
00:00 Intros
03:02 Reinsurance claims and loss reserves
05:55 Huma's 3 layers of transparency
09:12 Coinshift's liquidity coverage ratio
11:20 Verifying yield, audits, tail risk
21:18 Why Madoff and Terra Luna collapsed
26:01 What's next for allocators