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DeFi's missing block is an insurance layer that converts smart-contract risk for institutions to rationalize and price. In Phase 2, vaults connect to the economic security framework that provides DeFi cover. We're unlocking mainstream adoption of an entire asset class.

34,318 Aufrufe • vor 8 Monaten •via X (Twitter)

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EXCLUSIVE: Robinhood is going to pay 7% on dollars to 27.7 million customers. In this Interview Johann Kerbrat, their SVP of Crypto explains how it all works. Robinhood Earn lives inside the main investing app. You can buy the USDG stablecoin in a few taps, and it gets deployed into vaults built with Morpho and Steakhouse, and the target yield is roughly 7%. Where does 7% come from? Market makers and liquidity providers pay it. These are traders who need USDG liquidity to run spot and perps trading. Your deposit is funding someone else's 50x leverage, and you're the one getting paid for it. Assuming you get paid back. Which, as we've seen, doesn't always work in DeFi with hacks and smart contract risk. But Robinhood has done something extra to make this retail-grade. Robinhood's answer is an insurance program with Lloyd's of London and Relm covering smart contract and vault failure. He says it's one of the largest ever built for a crypto product. Earn was one of 12 announcements; some others that caught my eye: Stock tokens in 120+ countries, backed 1:1 by real equities. You can withdraw them to a self-custody wallet and post them as collateral. Borrowing against a stock portfolio used to be a private banking perk; now it's a smart contract. Robinhood Chain went to public mainnet after 200 million transactions on testnet. Perps on stocks, crypto, and commodities at 20 to 50x leverage, bringing an entire new asset class to the mainstream. Robinhood is all in on DeFi. DeFi protocols spent a decade fighting for users. Robinhood just made a Morpho vault look like a savings account, in front of 27.7m funded customers. See the 15-minute highlights below and the full episode on the Tokenized Podcast youtube channel Full interview with Johann on bryton k. YouTube

Simon Taylor

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📣 XRP Community – 50M+ XRP already flipped into stXRP on Firelight. The shift has begun 🛫 🚀 This is how we turn dormant XRP bags PRODUCTIVE: ✅ XRP bridges trustlessly->FXRP on Flare (mirror XRP 1:1) 🌉 ✅ FXRP->staked in Firelight Vaults→receive stXRP (LST)🔥 ✅ stXRP becomes PRODUCTIVE CAPITAL as COLLATERAL for securing DeFi Cover & earning REAL YIELD 💰 (Phase 2) ☀️The Flare network is the ONLY dedicated ecosystem meticulously designed with $XRP utility as COLLATERAL that can meaningfully scale. Firelight unlocks dormant value and utility from idle $XRP while you keep full custody and deploy it for the economic security of services. This provides #XRP with a critical TOKEN SINK which it has desperately lacked since its creation. (In an upcoming X thread and video we will explain why “PASS THROUGH VALUE” as a bridge asset is NOT a significant value driver on its own. One of the Biggest misconceptions in the #XRPCommunity) 😴 Dormant $XRP is waking the hell up — The Giant 💪 is AWAKENED finally, with its most powerful utility ever: securing real Institutional Capital flows into Blue Chip DeFi Protocols and Vaults as COLLATERAL in Firelight’s novel groundbreaking insurance protocol “DeFi COVER.” ⭐️ In Phase 2 this will generate a superior, low-risk, sustainable, scalable and reliable YIELD for retail and institutional XRP holders — paid for by institutions, crypto exchange earn programs, neo-banks embedded into VAULT Infrastructure, Risk Curators, and even some of the big Blue Chip DeFi protocols.** 💥XRP is no longer just bridging value, it’s securing value and it’s earning value! 🤑 🤔Who's activating their $XRP bags in Firelight? 👇 Firelight Points are a bigger deal than the majority realize in the #XRPCommunity 🤫 $XFI 🪙 #XRP #Flare #XRPFi #stXRP #FXRP #Firelight Sentora

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