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Compass Labs
@labs_compass
Onchain finance for fintech and neobanks. Backed by @a16zcrypto
๊ฐ€์ž… June 2022
130 ํŒ”๋กœ์ž‰ ์ค‘    1.7K ํŒฌ
We put @centrifuge's $deJAAA on a loop. deJAAA is a token that gives exposure to AAA-rated credit that already earns yield. A yield-bearing RWA can work harder, so we looped it on @eulerfinance: deposit, borrow, swap, repeat. 92 transfers bundled into 1, for about 5 cents of gas. ๐Ÿ”‚ The user signs once. We never touch the assets.
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