FP retweeted
your usdc earns ~3.5% on @aave
with levered callable capital (LCC), the same deposit earns ~20%
pt 1 of a series on LCC, starting with an explanation of the mechanics
FP retweeted
LCC turns balance sheet capacity into an internet-native asset class, allowing users to stake margin and get paid on the larger unfunded capital base behind it. In exchange, 3Jane can call up to 13.33x your stake into USD3 as we scale deployment into fintech credit facilities
FP retweeted
3Jane has integrated with @AccountableData to provide 3rd party proof of solvency for USD3's backing across offchain warehouse & forward-flow facilities
New facilities will be integrated directly as they go live to maintain 100% coverage
FP retweeted
Now that I see it, I’m kind of surprised you don’t see earnest money style mechanics more in DeFi and CeFi.
FP retweeted
3Jane has grown to $75M TVL since inception.
To accelerate our growth we're introducing LCC: a new primitive for unfunded capital commitments
Post 7.5% margin, back a 13x callable capacity, & earn 10%+ USD APY. Live in August
3jane.xyz/reports/introducin…
FP retweeted
Friendly reminder that pricing your multi strategy vault from live touch values means your whole vault is only ever as strong as its weakest strategy at its weakest moment.
In other words, if one strategy can be manipulated even for a single txn the whole vault is at risk.
FP retweeted
We are excited to announce that we have completed our 1st forward-flow loan sale of $8.5M with @3janexyz, a cryptonative credit protocol. This is the 1st phase of a broader $50M program and one of the 1st whole-loan purchases of a U.S. fintech loan book by a DeFi protocol.
FP retweeted
3Jane has executed an ~$8.5m whole-loan purchase with Slope, the credit infrastructure powering business lending for @slashapp & the Fortune 10
Phase 0 of a broader $50m forward-flow program
USD3 now directly funds SMB lines of credit embedded in major U.S. commerce platforms
FP retweeted
3Jane has executed a $10M senior warehouse facility with LendSwift, a U.S. fintech consumer lender, to scale its loan portfolio
Funded by USD3/sUSD3 at a 15% coupon and secured by ~15,000 short-duration installment loans
Cryptonative capital now funds mainstream consumer credit
FP retweeted
So the vault manager manually setting their NAV inflated the PPS.
Shocking.
If only there were some sort of way to verify these kinds of things.......
FP retweeted
3Jane began as a credit-based money market extending lines of credit to cryptonatives.
Today we're evolving into programmable credit facilities via warehouse loans & forward-flows to power the next generation of fintech originators across a $100B opportunity.
Full post below.
FP retweeted
Despite ~$800k in indirect Resolv exposure across $107M+ in value verified, 3Jane would have incurred $0 bad debt even without a Fluid subsidy.
3Jane extends cross-margined, recourse credit lines underwritten against the full balance sheet rather than isolated collateral. This enables financing for a broader set of productive assets without forcing lenders to warehouse concentrated single-asset tail risk. Read more:
1/ the @ResolvLabs and @StreamDefi incidents showcase inherent risks of isolated margin money markets.
lenders become the synthetic senior tranche to assets underwritten by risk curators while remaining largely unaware of the associated risk with their position.
