Here's the concept of @3janexyz. A credit-based money market where users can borrow with credits instead of overcollateralization. 🔹Permissioned Borrower: US borrowers can connect onchain wallets and...

Good 3jane breakdown from poopman; I was intrigued by the paper when it first dropped, but still have some open questions: • If the users are retail/mom-and-pop shops, will the 11.2% $USDC borrow rate...