yes we have locked our liquidity:
https://etherscan.io/tx/0x6316ca329d53f94904ce660d9766c177de8bb502eb2d1e3473eb71970cb11bb6
timeLock for MasterUnChairman coming tomorrow
Topic: [ANN] UnFederalReserve.com staking is now open 10x Rewards for 11 more days (Read 172 times)
October 11, 2020, 08:28:28 PM
October 08, 2020, 11:41:32 PM
Hi Howard
Thanks for responding, and glad to see active founders.
I guess the question was more around the tokenomics of your whitepaper - and whether you had a Final whitepaper coming soon?
Will you have any liquidity locked up for a period of time? DeFi in crypto is filled with scammers and rug pulls, the credibility of your background is may not be enough to convince the sceptics.
Thanks for responding, and glad to see active founders.
I guess the question was more around the tokenomics of your whitepaper - and whether you had a Final whitepaper coming soon?
Will you have any liquidity locked up for a period of time? DeFi in crypto is filled with scammers and rug pulls, the credibility of your background is may not be enough to convince the sceptics.
October 08, 2020, 10:58:16 PM
This is Howard, the CEO. There's no gap. We started 2.5yrs ago targeting consumer lending. We read dharma's first paper, made friends with SALT compliance folks, and friendly-ish with Zac Prince at BlockFi and others. The reality was in consumer lending, the costs of capital and acquisition cost were too high to justify reasonable price unless you were willing to hypothecate the security interest. We don't do that. We live by the 4 keys of Disney: Safety, Courtesy, Efficiency and Show. The end result is we found that if we went upstream to a few targeted B2B lenders, we could become an overnight cash management product. We've been working consistently this whole time. We have good accounting records and good clients. Hope this addresses the question.
October 08, 2020, 10:07:56 PM
Thanks for sharing.
I notice your white paper is dated 2018. Do you have an updated one coming?
Why the 2 year gap?
I notice your white paper is dated 2018. Do you have an updated one coming?
Why the 2 year gap?
October 08, 2020, 06:59:14 PM
https://app.unfederalreserve.com
https://www.unfederalreserve.com
Buy eRSDL: https://info.uniswap.org/token/0x5218E472cFCFE0b64A064F055B43b4cdC9EfD3A6
DeFI is like a vast ocean for borrowers and lenders ... like these boats and ports ...
Merchant Bankers are expert at pricing risk. Ordinary people would have very little price discovery info from which to set or accept rates.
The eRSDL ecosystem is like a safe-harbor where sophisticated parties are the "pricing oracles" and ordinary people can participate alongside with a reduced chance of being gamed by experts.
and while democratization of crypto-collateral based lending allows for any boat to dock at any harbor, rates reflect very basic risk assumptions...
... well, Merchant Banks (the B2B lenders that finance B2C lenders) have daily cash needs and surpluses. A Merchant Bank's competitiveness and profitability is tied to how it manages its balance sheet.
Merchant Bankers, staked to the eRSDL ecosystem, have the access to the capital they need, and have a ready marketplace in which to lend their excess. Their merchant banking counterparties measure and price risk for short-term loans between the parties. Ordinary eRSDL holders then participate safely at market rates. Participation is democratized, but risk doesn't have to be.
https://twitter.com/Unfederalreser1
https://t.me/unfedres_staking
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