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HsakaTrades's profile
Hsaka
Hsaka
Hsaka
@HsakaTrades

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Hsaka

@HsakaTrades

• I trade, I drink your milkshake •

Joined December 2017

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    1. Compound Labs‏Verified account @compoundfinance Jun 28

      We're proud to announce Compound Treasury, designed for businesses and financial institutions to access the benefits of the Compound protocol. The idea is simple: a fixed 4% APR on US dollars, with daily liquidity and none of the complexity of crypto.https://medium.com/compound-finance/announcing-compound-treasury-for-businesses-institutions-83d4484fb82e …

      137 replies 282 retweets 1,485 likes
      Show this thread
    2. Mike McDonald‏Verified account @MikeMcDonald89 Jun 28
      Replying to @compoundfinance @rleshner

      This may be a dumb question but where does this 4% come from? Is it just a marketing expense?

      5 replies 1 retweet 39 likes
    3. Robert Leshner‏Verified account @rleshner Jun 28
      Replying to @MikeMcDonald89 @compoundfinance

      Right now, rates are at a "generational low", and still come pretty close to 4.00%. Historical market data over the past cycle puts them quite a bit higher. If rates are lower, think of the difference as a marketing expense.pic.twitter.com/OAK42uIF1j

      9 replies 1 retweet 82 likes
    4. Ryan Watkins‏ @RyanWatkins_ Jun 28
      Replying to @rleshner @MikeMcDonald89 @compoundfinance

      Would this marketing expense come from the treasury?

      1 reply 0 retweets 11 likes
    5. Robert Leshner‏Verified account @rleshner Jun 28
      Replying to @RyanWatkins_ @MikeMcDonald89 @compoundfinance

      No; it comes from Compound Labs which is operating Compound Treasury as a stand-alone business.

      1 reply 1 retweet 42 likes
    6. Ryan Watkins‏ @RyanWatkins_ Jun 28
      Replying to @rleshner @MikeMcDonald89 @compoundfinance

      Thanks for the clarification. And would that subsidy come from the COMP tokens Compound Labs was allocated at genesis or another source?

      1 reply 0 retweets 21 likes
    7. Robert Leshner‏Verified account @rleshner Jun 28
      Replying to @RyanWatkins_ @MikeMcDonald89 @compoundfinance

      That sweet sweet venture capital money that everyone in #DeFi loves to hate 😉

      6 replies 3 retweets 92 likes
      Hsaka‏ @HsakaTrades Jun 28
      Replying to @rleshner @RyanWatkins_ and

      Based.

      1:33 PM - 28 Jun 2021
      • 22 Likes
      • BreadToInspire🌖 cuckqueen nani コープ 🐉🐉🐉🐉🐉 (3,3) Billl 📜 poes.eth Hammer 🔨🐸 M loomlock.eth🤠🤠🤠
      2 replies 0 retweets 22 likes
        1. Set Animals ( 🌳,  🌲)‏ @setanimals Jun 28
          Replying to @HsakaTrades @rleshner and

          basado

          0 replies 0 retweets 3 likes
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        1. BreadToInspire 🌖‏ @BreadToInspire Jun 30
          Replying to @HsakaTrades @rleshner and

          😂

          0 replies 0 retweets 0 likes
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