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John Gillen - WartimeEthereum.eth

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@BitcoinJesusETH

ex BlackRock VP | Host of @MilkRoadDaily Podcast | WartimeEthereum.eth
$1 to see analyst portfolio → link.milkroad.com/John Joined April 2021
3K Following 7.4K Followers 34K Posts

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John Gillen - WartimeEthereum.eth Verified account @BitcoinJesusETH
Bitwise president Teddy Fusaro has a date for when big institutions' onchain pilot programs turn into "real offerings": the fourth quarter of 2027

Until then, he expects "more pilot programs from big name institutions"

After that, "people won't know or care that the underlying infrastructure is blockchain"

"It's 10x better technology"

FT @teddyfuse @Bitwise @chainlink @BitcoinJesusETH
1:27
John Gillen - WartimeEthereum.eth Verified account @BitcoinJesusETH 3d
FUD harder, I'm bullish

You know Wall Street is serious when they're launching compliance products 🔥

It's called Chainlink ethereum:0x514910771af9ca656af840dff83e8264ecf986ca
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John Gillen - WartimeEthereum.eth Verified account @BitcoinJesusETH
$AAVE is up about 6% in a day while $BTC went nowhere

Thursday, Kraken's parent company said an affiliated fund and its clients picked up AAVE on the open market. Today, Aave Labs bought the team and tech behind Avon, which built fixed-rate lending and an onchain order book

@StaniKulechov said fixed rates are one of the products "users already rely on," and that the Avon team will help "bring Aave to institutions, fintechs, and everyday users around the world"

@aave already has more than $30B in deposits and over $12B in active loans, per the company

Aave DAO is also voting through Monday on accepting native $BTC as collateral via Babylon, with a proposed cap of 300 BTC

The ghost is building a bank

I think fixed rates make Aave a much easier yes for the banks and fintechs Stani is talking about
Aave @aave 1d
Aave Labs has acquired the team and technology behind @avon_xyz, one of the leading companies working on fixed-rate lending onchain.

The Avon team brings deep protocol engineering and market-structure expertise to Aave Labs as it expands onchain lending for a mainstream audience.
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