Bringing US Treasurys onto the chain
Bringing US Treasurys onto the chain

Bringing US Treasurys onto the chain

How Ondo Finance makes investing in US Treasury bonds possible


Long Volatility Strategies in DeFi

13 Apr 2023 4 minute read 2 comments fmiren

Introduction   “They were the best of times, they were the worst of times,” as Charles Dickens said. Looking forward, I have a feeling these aren’t going to be the best of times. Geopolitical instability all over the world came to a climax in...

Are stablecoins stable?

12 Apr 2023 4 minute read 0 comments fmiren

I published the following piece on Medium in January, before USDC depeg.     The Volatility of Stablecoins Introduction Stablecoins are designed to keep their value against the benchmark asset, such as a commodity, fiat currency or another cryp...

Hedging impermanent loss

11 Apr 2023 4 minute read 5 comments fmiren

The first part of the article: https://www.publish0x.com/bringing-us-treasurys-onto-the-chain/impermanent-loss-xpzgmkp   How to hedge IL Though IL seems inevitable, there are some strategies to reduce its negative effect on the profitability of provi...

Impermanent loss

10 Apr 2023 1 minute read 0 comments fmiren

Introduction What is impermanent loss? Impermanent loss is a term familiar to liquidity providers. It refers to the temporary loss of funds an investor has provided to a liquidity pool. The difference is what liquidity provider’s assets are worth at...

Hedge Fund Market Wizards. Part 2

8 Apr 2023 8 minute read 3 comments fmiren

This is the second part of the summary of "Hedge Fund Market Wizards" by Jack Schwager. The first part is here: https://www.publish0x.com/bringing-us-treasurys-onto-the-chain/summary-of-hedge-fund-market-wizards-xqepxpg   Steve Clark. Steve Clark is...

Summary of ‘Hedge Fund Market Wizards’

7 Apr 2023 8 minute read 1 comment fmiren

  In this article I will summarize what I learnt from the book “Hedge Fund Market Wizards” by Jack Schwager. The book is based on the interviews with many great traders, such as Ray Dalio, Edward Thorp, Joel Greenblatt among others. We can learn a lo...

Deep Work. How not to get distracted in our world?

6 Apr 2023 3 minute read 1 comment fmiren

I try to write at least 350 words on a daily basis. It's challenging but doable. To squeeze time dedicated for research & writing is demanding in our era of infromation ocean. It takes a lot of effort, patience, and commitment to just sit down and be...

Bonding curves

5 Apr 2023 3 minute read 0 comments fmiren

Introduction If you have been in DeFi a while, you probably heard of “bonding curve”. What is it? What is it used for? The article tries to answer those and other questions. Bonding curve is a mathematical formula, nothing more. It is a type of a...

Business cycles, fixed-income investments and credit-risk cycle

1 Apr 2023 2 minute read 0 comments fmiren

  Business cycles, fixed-income investments and credit-risk cycle The level of credit risk varies over and responds to business cycles maybe not very directly but in a systematic way. Credit risk reaches its peak during recessions when corporate defa...

Decentralized Option Vaults (DOV) protocols

31 Mar 2023 3 minute read 0 comments fmiren

Protocols   The largest DOV protocol is Ribbon Finance with the TVL (Total Value Locked) of $42 M as of 31 March 2023. The protocol has 13 vaults with the strategies of covered call, cash-secured put and principal protection with the following tokens...