Lending – bankingandinsurance.in

Chaos at MarginFi Shakes up Solana DeFi's Borrow-and-Lend Landscape

April 11, 2024 by Bankerage

[ad_1] MarginFi’s longtime leader, Edgar Pavlovsky, resigned Wednesday following an internal dispute at the protocol’s builder, mrgn. After his departure, the remaining team at MRGN group appeared to have addressed an issue with the protocol’s price data infrastructure that had caused issues for withdrawals for over a month. [ad_2] Source link

Credbull's First Crypto Fund Chases High Fixed Yields

April 4, 2024 by Bankerage

[ad_1] The funds’ high yield targets are partly a function of its on-chain structure, he explained. Doing everything on a blockchain cuts as much as 150 basis points in fees that would otherwise go to administrative costs. In private credit, small- and mid-sized businesses in need of financing get their money from specialized lenders instead … Read more