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LFJ.gg

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@LFJ_gg

The most CRACKED fee machine in crypto. Public PropAMM (POE) + Ultrasound DLMM with hyper-efficient trade flow & fee capture on Monad + Avalanche.
lfj.gg Joined April 2021
5 Following 357K Followers 18K Posts

Latest posts 5

LFJ.gg Verified account @LFJ_gg
1 of every 8 dollars in tokenized assets are now being put to work onchain.

Of the $33.8B in tokenized RWA, $4.2B now sits in DeFi applications according to DefiLlama.

That grew by about $370M over the last month with growth primarily driven by tokenized private credit deposits into onchain lending markets.

Each dollar that moves from sitting in a wallet to working in an application makes the case for tokenization a little stronger.
7 replies 1 reposts 21 likes 3.7K views View on X
LFJ.gg Verified account @LFJ_gg
Every secured loan carries a huge cost: the collateral behind it stops earning while it is locked.

On #Avalanche, that trade-off is starting to go away for some institutions.

Lynq, a settlement network operated by SEC-registered broker-dealer tZERO Securities, now lets clients lock tokenized Treasuries as collateral for loans and trading margin while the interest keeps accruing.

Finally one dollar can do two jobs at once. This is what tokenization is all about.
6 replies 1 reposts 25 likes 4.4K views View on X
LFJ.gg Verified account @LFJ_gg
Most people hear "tokenized assets" and think only of stocks. But their is a much bigger story quietly growing in the background.

Of the roughly $34B in tokenized assets onchain, about half is government bond and money market funds. $12B of gold and private credit come next, and stocks are the smallest piece at around $5B.
6 replies 0 reposts 22 likes 4.2K views View on X
LFJ.gg Verified account @LFJ_gg
A few years ago, tokenized assets were mostly crypto startups experimenting onchain.

Today the issuers include BlackRock, Franklin Templeton, Apollo and Janus Henderson, some of the most careful money managers in the world.

This isn't being done in the pursuit of novelty. A token settles in seconds, moves at any hour and plugs into other software.

That is a more versatile way to manage assets, and that is the story worth following.