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Paul
@Mierlo1999
Revolutionizing capital markets at @SpoutFi | on-chain architecture nerd
642 Following    731 Followers
Excited to share that @SpoutFi has raised a $2m strategic funding round, backed by @DraperDragon, @Anchorage, @FlowTraders, @Taisu_Ventures, @VesselVC, @solayer_labs, and @2SquareCapital, with strategic backing from @solanalabs. @toly and @rajgokal both invested as angels, as did @giancarloMKTS the 13th Chairman of the U.S. Commodity Futures Trading Commission, who has also joined as a strategic advisor. @SpoutFi is a borrowing and lending platform where users post collateral and borrow stablecoins at 0% interest, with a flat loan-to-value ratio of 50%. We make this possible by combining lending with covered calls: lenders are paid from the premium on calls written against the collateral. It is very exciting to take everything I have learned as a protocol engineer in the blockchain space and apply it to new use cases for financial products. Blockchain technology promises easier access to financial products worldwide and a more efficient economy. This is an important step for @SpoutFi, and we are just getting started.
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