Pricing DeFi Lending Risk: Repo, Puts, Tokenized Funds
Prime crypto, looping markets, and tokenized funds are three financing regimes with three failure modes. For tokenized funds, the core issue is convertibility, not volatility.
(､ᐛ)ﾍ＿/ Nadim's Blog
A blog written by Nadim Chamoun. Covers his views about the future of the web, blockchain, AI, and technology in general as it relates to his other hobbies and interests. Available as a newsletter.
Latest posts
The myth of isolated lending in DeFi
TLDR: Isolated lending isn't a guarantee of curated vault lending, it can exist within that model but true isolation is rare. Irresponsible curators introduce risks at the protocol level. Risk assessment needs fixing, but isn't enough on its own. Skin in the game is the solution. Last week's events Last week was one of those rare ones that contribute disproportionately to the discourse around…
DeFi Leverage for Tokenized Assets
Exploring how tokenized assets can unlock advanced DeFi strategies, enabling automated yields, composable liquidity, and new structured products.
Pendulum of many pivots
Tried and true, Pendle stands the test of time. I still remember the first time I encountered Pendle, back in 2021. Points weren't a thing yet, liquidity mining was the norm. The accounting wizardry they had just introduced completely escaped me. It felt convoluted. It wasn't always obvious. It was far from inevitable. Excellent market timing as well as consistent and steady improvements to the…
Fully Onchain Games
A blog post by Nadim Chamoun about fully onchain games, autonomous worlds and community-based play.
Coffee and the Search for God
Blog Post by Nadim Chamoun, titled "Coffee and the Search for God".
Non-USD Stablecoins & On-Chain FX
Blog post by Nadim Chamoun, covering the benefits of Non-USD Stablecoins & On-Chain FX.
Blockchains for digital payments
Blog Post by Nadim Chamoun, covering the use of blockchains for digital payments.
Autopsy of a quixotic dream
Blog Post by Nadim Chamoun titled Autopsy of a quixotic dream.
You have to start somewhere
Blog post by Nadim Chamoun. This is the first one!