"BOND"

Search result of

Tokenization of on-chain assets is becoming an important long-term trend with huge prospects. Among them, the government bond RWA is becoming an important branch. This sector achieved nearly 7-fold growth in 2023. After experiencing a brief decline at the end of 2023, it quickly returned to the upward channel. This Bing Ventures research article will discuss the current status and important development trends of government bond RWA and the entire RWA sector.

This article provides an in-depth analysis of Delphi’s investment logic in Ethena, revealing Ethena’s innovations in the stablecoin field and the potential risks it faces. The article explores Ethena’s design philosophy in detail, including how it generates revenue by combining ETH staking and perpetual contract funding rates, as well as its trade-offs in stability, scalability, and decentralization. In addition, the article also discusses Ethena's profit model and prospects for the future stablecoin market, providing readers with a comprehensive understanding of this emerging stablecoin project.

Bonds are investment tools designed for stable returns, making them suitable for investors seeking capital preservation and steady cash flow. However, bond prices can be influenced by various factors, such as interest rates, inflation, and credit risk. This article will delve into the types, advantages, and risks of bonds to help readers gain a deeper understanding of the bond market.

Backed Finance is a Real World Asset (RWA) government bond tokenization protocol, attempting to provide investors with exposure to a wide range of real-world assets.

Incorporating Bitcoin into a traditional 60/40 stock and bond investment portfolio can enhance cumulative returns but also increases volatility, with an optimal allocation of 3% to 5% Bitcoin being the best ratio for risk-adjusted returns.

Cega is an alternative options protocol built on the Ethereum, Solana, and Arbitrum chains, offering three types of products: option pool, bond option pool, and leverage option pool. The core logic is that users sell options by depositing USDC into the liquidity pool. Within a specific range of the underlying asset's price decline, there is no principal loss, and users can also earn premiums from market makers, making it more akin to yield-generating products.

This article introduces the stablecoin project Usual. Its core innovation lies in USD0++, a 4-year USD0 bond, which aims to ensure stable profits by reducing the liquidity of USD0. However, for retail investors with smaller funds, the long lock-in period of USD0++ and its low return rate make it a liquidity trap.

Ethena.fi tokenises a ‘delta neutral’ carry trade on ETH by issuing a stablecoin which represents the value of the delta neutral position. Their stablecoin, USDe, also collects the carry yield - hence their claim, an internet bond providing internet native yield.

Explore the diverse world of exchange-traded funds (ETFs) and learn how different types of ETFs provide investors with broad market exposure and investment opportunities. This article details everything from traditional stock and bond ETFs to innovative cryptocurrency and thematic ETFs, highlighting the advantages of ETFs in providing liquidity, flexibility and risk diversification.

This article introduces the construction of Ethena, its pegging mechanism to the US dollar, and associated risks. An evaluation model for Ethena's valuation is also provided. Tether carries risks that could potentially disrupt global bond markets. Ethena allows users to mint the stablecoin USDe by depositing assets, offering high yield through collateralization. Ethena has the potential to become a kingdom in the crypto space with a valuation reaching into the hundreds of billions of dollars.

This report summarizes Web3 industry fundraising activities in November 2024. The industry completed 121 funding deals totaling $1.76 billion—a 28.45% decrease from the previous month. Fundraising approaches showed greater diversity, highlighted by MARA's convertible bond issuance and OG Labs' innovative combination of seed round financing and token purchase commitments. Blockchain services and public chain sectors attracted the most investment attention. The report explores key funding achievements from notable projects, including 0G Labs, StakeStone, KGeN, Noble, and Deblock.

Through case studies, this article highlights the liquidity and yield characteristics of LST and LRT, and provides methods for constructing a diversified investment portfolio. Investors should be aware of the risks, continually learn and update their knowledge to make informed investment decisions.

This article examines MicroStrategy's outstanding bonds, their structure, and convertibility options. Based on the current debt structure, forced selling of Bitcoin holdings to finance cash redemption of the bonds remains unlikely.

Based rollups also means that MEV naturally flows to Ethereum, strengthening Ethereum’s economic security. There are some limitations to the revenue models of based rollups, as can be understood here. In this blog post, we'll summarize the current economic landscape of rollups, and explore the based rollups economy.

This article explains various stablecoins based on U.S. Treasuries, including the advantages of fixed-income tokens and specific implementation methods of well-known projects such as DAI, USDM, stEUR, FRAX. It also highlights risks related to maturity mismatch, yield decline, and liquidity.