Already had @Benjamin918_ and @DeFiDave22 on today at @leviathan_news, so feel free to now interview them for @BanklessHQ David
@capmoney_ being noticed
Cap is one of the cooler DeFi protocols that’s launched recently
1. Users deposit $USDC, receive $cUSD
2. Borrowers get unsecured credit access to that USDC
3. Borrowers are underwritten by @eigenlayer restakers (@ether_fi, @RenzoProtocol)
If a borrower defaults, capital is repaid by restakers
cUSD holders are protected (good decentralized stablecoin)
Restakers take a cut of yields (good for $ETHFI, $RENZO holders)
Borrowers get unsecured credit
Neat!
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