Commercial Real Estate
Economics behind RWA – Part 2
As a follow-on to Part 1 of the Economics behind RWA, if we view the cost of capital from the lens of the borrower (especially when the cost of capital from Maker is zero), the interest paid can be viewed as a tax. Thus a similar economic theory surrounding taxation that can be found in…
Read MoreEconomics behind RWA – Part 1
Translucent Finance – Off-chain lenders
In the course of ordinary business, many companies come in contact with “confidential” information. Being a Lender the in the Credit Tenant Lease space is no different. In addition to reviewing the lease and the financial statements from credit worthy tenants, the financial costs to do a specific projects, or even the personal financial statements…
Read MoreReal World Assets – CTL Document Roadmap – Getting started v1
Getting Real World Assets on Maker is an essential path to stabilize the DAI peg. Doing so is not trivial, not for the faint of heart, but completely achievable. After some of my recent posts related to my initiative and contemplated structure and objectives, I have had several chat sessions and several calls with…
Read MoreAdding Real World Assets (“RWA”) as DAI collateral is a critical step for Maker to stabilize the peg… and in doing so, we change the world
If Maker governance can rally around any singular point, it has been using market forces to align the DAI price to its current target reference currency, the US Dollar. During a large portion of 2019, we saw SAI used primary as a leverage tool to acquire more ETH thus causing a surge in demand as…
Read MoreHow MakerDAO can be a competitive lender in the Credit Tenant Lease marketplace
What is the objective? It seems clear that MakerDAO needs to onboard large amounts of real world assets in order to meet continual DAI demand. Leaning on my background and existing businesses, I’d like to propose specific assets, structures and counterparties so that we can achieve this in the near-term to help build real-world DAI…
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