Chiel Ruiter - Florence Finance - Decentralizing Credit Creation (Page 2)

Defi

Freedom from regulatory capture...

𝘌𝘷𝘦𝘳𝘺 𝘵𝘪𝘮𝘦 𝘴𝘰𝘤𝘪𝘦𝘵𝘺 𝘪𝘯𝘤𝘳𝘦𝘢𝘴𝘦𝘴 𝘵𝘩𝘦 𝘧𝘳𝘦𝘦𝘥𝘰𝘮 𝘰𝘧 𝘢 𝘤𝘦𝘳𝘵𝘢𝘪𝘯 𝘢𝘴𝘱𝘦𝘤𝘵 𝘰𝘧 𝘪𝘵 𝘰𝘳 𝘢 𝘨𝘳𝘰𝘶𝘱 𝘸𝘪𝘵𝘩𝘪𝘯 𝘪𝘵, 𝘵𝘩𝘢𝘵 𝘴𝘰𝘤𝘪𝘦𝘵𝘺 𝘢𝘴 𝘢 𝘸𝘩𝘰𝘭𝘦 𝘢𝘥𝘷𝘢𝘯𝘤𝘦𝘴. Freedom of speech, freedom from slavery, freedom of the press, freedom for all to vote, and the ability to communicate freely with people all over the world via the Internet have all had meaningful and positive implications for society. Each one of these changes to the status

Community update

Community Update #6

Fellow Dukes, Over the past months, we have been working hard to update the protocol, front & back end to ready everything for the opening up of the protocol to the public. Two weeks ago we announced the Alpha Test Phase on Mainnet and the FLR/EURS Curve Pool through

Crypto

The Bloodletting

I am a self-confessed crypto idealist. Notwithstanding all the FUD and/or alleged fraud in the sector, I continue to believe in crypto as a force for good. The foundation for such belief may be hard to fathom given all that is going on, but it is rooted in the

announcement

Florence Finance - Stasis (EURS) integration

Decentralized finance across the EU continues to flourish as Florence Finance integrates the leading euro stablecoin, STASIS-issued EURS, into its newly-launched platform. Given the latest events in the stablecoin sector, establishing a long-term partnership with projects of the caliber of STASIS, which has been on the market for 5 years,

Defi

The last bank run

Over the last year, you will most likely have seen the words "Bank Run" thrown around when Terra Luna and FTX collapsed and now it is coming closer to home with even TradFi banking institutions (SVB, First Republic, and Credit Suisse) suffering similar fates. But what is a

Stablecoins

Reminiscences of a Coin Operator

One of my favorite books on markets & trading is "Reminiscences of a Stock Operator". It chronicles the ups and downs of Jesse Livermore's life as a trader in an era where bucketshops were the norm for ordinary folk and only very few had access to

Defi

The Low Down on Interest Rates and Financial Pyramids

Find out the biggest innovations that are setting crypto up to displace the most ingrained TradFi systems Interest rates play a crucial role in markets as they determine the cost of money over time. This, in turn, acts as the essential benchmark against, which all other financial assets are priced.

Community update

Community Update # 5

GM Florence family The new version of our Protocol has now been running for over a month without any fault. In streamlining how the protocol works, we introduced a new overarching token that will serve as the base currency (unit of account) for all Lending Vaults of the protocol: the

Defi

Real World Asset Lending: The Next Big Trend in Crypto?

Find out how this $150 million investment in Real World Asset Lending is supporting our vision at Florence Finance Our friends over at MakerDAO have put their money where their mouth is, and together with Centrifuge, have made one of the most significant on-chain investments ($150m) into real-world assets to

Real-world vs. On-chain lending

Let me start by declaring that I am a massive proponent of blockchain technology and in particular what I think it can do to address the opaqueness and excessive leverage in our current financial system. .....That said, last year's events have again made it painfully obvious that we

Community Update #4

Dear Community, First of all, we want to wish you all the best for the new year. I know it's been a bit quiet from the front as markets have been puking and the breaking of the "number go-up" tech that we usually depend on to

Florence Finance

Decentralization of Credit Creation

The demise of free banking and the birth of central banks centralized the process of credit creation around the beginning of the 20th century. At the time this was a vast improvement over the "rogue" free banking landscape and must be appreciated as such, but as time progressed