Forget ETH LSTs, LRTs, and lending ETH on Aave or other DeFi protocols. There’s a new ETH exposure primitive in town and it’s built different. Introducing dCDS: a new DeFi lego where users earned 20% yields last month, even with just $15k in Total Value Locked in the protocol.  Users who deposited 200 USDT in dCDS earned around $40 in a combination of USDA+ stablecoin and ETH gains within a single month.  Now, of-course these returns do come with risks. But what kind of risk? The risk is that you are taking an exposure to ETH.  A risk most of us already want and are comfortable with. That's why over $93B sits in ETH-backed derivatives today. But here’s where it gets interesting… The most calculated play for ETH right now

A new stablecoin design is out and this one is thought from first principals and have some fundamental implications for Finance.

It’s been some time since Defi saw some real innovation. Uptil now we have seen these Defi applications - Money Markets, AMMs, Collateralized Debt Position (CDP) style stablecoins, rebasing tokens, Principal tokens and Yield tokens, bonding, restaking,  Perpetuals and some few others. All of above mechanisms are core innovations because these are sustainable business models formed without much reliance on any external entity. Some reliance of external parties is needed as every one of these systems have some edge cases which need readily available keepers or profit seeking entities willing to act to stabilise the system in case of divergence.  Everyone of above mechanism have a capability to generate revenues and income in itself just like corporations achieve cash flows through services or products. None of them need a reliance of any fiat asset or RWA to generate income. Instead everyone of them can stay in the realm of the crypto or on-chain world and can generate revenues in a censorship resistant manner.   But the space has been just recycling and forking these concepts with some minor tweaks for the past 3 years now. It’s the same thing again and again and being repeated across different blockchains glamorised in a form of new token, incentives, some addition of long tail assets, addition of RWAs etc.  People have now started feeling that whatever was possible in Defi has happened and now it’s unlikely that a new sustainable business model will come.  But we at Autonomint have built something that has the characteristics of becoming a sustainable business model over time. By sustainable business model I mean, something which can generate revenue and cash flows by satisfying some unmet needs of the market and without any token reliance.  I would like to start by stating the example of Maker DAO.

Nowadays, People are talking about customer experience and making crypto accessible to billions which definitely is something missing and different Dapps and protocols are working to alleviate these pain points.

The next big thing in DeFi is the rehypothecation of security, where validators who provide stakes to secure blockchain consensus can also use the same capital to secure other services and earn yields. Babylon Chain is pioneering this concept for Bitcoin through their Bitcoin staking protocol, thereby helping secure PoS blockchains and other actively validated services. They have recently raised $70 mln in funding to fully realize this vision.

$900 mln in crypto liquidations in under 20 hours last week. $500 mln in liquidations within 1 hour.  The crypto market went down heavily previous week and many people were liquidated out of their positions. I know some people who lost money in 6 figures.

A stablecoin with derivative-based insurance to protect against peg deviation, token dilution, liquidity risks, crypto volatility risks & many more