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CM
@cmdefi
陈默 DeFi OG. Core LUNAtics. // DeFi Research and Practice.
Joined March 2018
3.7K Following    55K Followers
Morpho创始人: 1. 机构需求不会消失 2. 资金池借贷形式已经失去信任,隔离借贷会是主流 我认为对于机构来说,他们喜欢隔离借贷由2点支持,首先他们能够赚钱,而在aave模型中他们很难获利,第二他们对风险控制要求很高,资金池模型会让他们被动承担风险,且依赖DAO的决策,这太不可控了。 很明显, 机构需要上链,需要一定的去中心化,但更需要的是自主可控,这天然适应隔离市场和Curator模式。 但资金池借贷也会存在,它适用于强共识资产组成的抵押品市场,应当谨慎接纳新的抵押品,风险控制高于一切。
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Spent the last week calling the largest institutions to get their read on the DeFi situation. Key takeaways: 1- Institutional interest isn't going away, for a simple reason: distributors aren't going away. Massive AUM, payments, and loans are coming onchain. Every fintech wants to move fully onchain. As an institution, you don't have a choice. 2- That said, they've completely lost trust in pool/hub models. Institutions and distributors want control: over the code, over the risk, over the compliance. With the flexibility to isolate what they want, while plugging into the global network of liquidity that's compatible with them. The promise of an open financial system is too big to fail: not because of ideology, but because it's going to create an immense amount of value for everybody involved.
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