EP 33: True power of tokenisation.Combine derivatives and Repo to create interest-bearing FlexUSD

In this episode, we show the TRUE power of tokenisation. 


How? Interest  earned from derivatives market and tokenise
that mechanism.   


The DeFi space is getting more complicated with the derivatives
market  and bringing in elements of Repo into DeFi. Whilst
this is really  extremely exciting, one problem is that it
gets more complicated to  understand.   


This is what I have been talking about! DeFi is the experimental
field and we find the various ways to tokenise value add and
bring this new model to traditional finance.   I'm so
excited. 


TLDR: CoinFlex uses Repo style mechanisms to earn the interest
rates  from perp derivatives. The returns are real and is
rewarded to FlexUSD  token holders. Thus, FlexUSD becomes an
interest bearing USD on crypto.  Think of Aave, but instead
of P2P, it's derivatives to spot.   


Next step:  


1) Start creating #FlexUSD here:
https://coinflex.com/user-console/register?shareAccountId=1890
 


2) Allow the bot to do its thing and earn interest via USDC
  


Happy holidays  


In this episode, we learn in an "Explain Like I'm High-School"
style of 


What is derivatives and what is the difference in
Crypto 

What is Repo

What is interest bearing FlexUSD?

Where is interest coming from? 

How do I cash out the interest? 

What are the risks involved? 

How can I get started with FlexUSD?