Pablo ๐Ÿ“ Profile Banner
Pablo ๐Ÿ“ Profile
Pablo ๐Ÿ“

@pablo_veyrat

3,597
Followers
267
Following
272
Media
2,594
Statuses

Core Contributor at @AngleProtocol ๐Ÿ“ Proud European citizen building an open financial ecosystem ๐Ÿ‡ช๐Ÿ‡บ

Joined April 2012
Don't wanna be here? Send us removal request.
@pablo_veyrat
Pablo ๐Ÿ“
2 months
Now we come in and play with the big boys! Angle is going to launch USDA, a USD stablecoin! Expect the best of: - yield - reliability - liquidity - transparency - and Forex! There is a lot more to unpack and I can't wait to share this!
@AngleProtocol
Angle ๐Ÿ“
2 months
1/ We are thrilled to introduce USDA, Angle's USD stablecoin! ๐Ÿ‡บ๐Ÿ‡ธ USDA will offer: - a Savings solution ๐Ÿ’ฐ - the same liquidity as USDC ๐Ÿ’ง - anti-depeg mechanisms ๐Ÿ›ก๏ธ - borrow/leverage features ๐Ÿ“ˆ Paired with EURA, USDA will boost onchain forex trading! All you need to know๐Ÿงต๐Ÿ‘‡๐Ÿผ
45
90
373
15
17
134
@pablo_veyrat
Pablo ๐Ÿ“
1 year
agEUR at 1โ‚ฌ. (It's been 2 days already) This is something I'd never thought I celebrate because stablecoin protocols MUST be stable, but if we look back into the situation on 13th of March after the hack, then there are reasons to be happy. Now onwards to Angle Core V2 for
Tweet media one
13
5
127
@pablo_veyrat
Pablo ๐Ÿ“
2 years
There is going to be a huge premium over the long term for teams who relentlessly keep building while maintaining super high integrity standards.
11
11
104
@pablo_veyrat
Pablo ๐Ÿ“
8 months
Happy to announce that the first ever transparent Euro Savings solution is now live on Ethereum! 4% yield, powered by the RWAs owned by Angle in its reserves! Scalable with $1m in TVL, just like $1bn or $10bn Honestly, the most important product release for Angle since launch
@AngleProtocol
Angle ๐Ÿ“
8 months
Today is the day - Say hello to stEUR ๐Ÿ‡ช๐Ÿ‡บ๐Ÿ‘‹ Stake agEUR on Ethereum now, get stEUR + a fixed 4% APY. Itโ€™s simple: ๐Ÿ“ Native yield paid in agEUR ๐Ÿ“ No minimum deposit ๐Ÿ“ Immediate compounding ๐Ÿ“ No lock, withdraw anytime Your stEUR is an agEUR on steroids! To learn more about
90
1K
5K
11
16
104
@pablo_veyrat
Pablo ๐Ÿ“
1 month
Gm
Tweet media one
@0xgaut
gaut
2 months
Dudes will turn 25 and think โ€œI should probably run a marathonโ€
226
1K
19K
16
0
102
@pablo_veyrat
Pablo ๐Ÿ“
2 years
Some time ago, @danrobinson shared this idea of making a lending protocol where borrow rates are proportional to collateralization. Looked at it in my free time and found an implementation that could work for stablecoin protocols like @MakerDAO or @AngleProtocol
@danrobinson
Dan Robinson
2 years
Would be interesting to see a lending protocol where borrow rates are proportional to your collateralization Not sure it's feasible to implement efficiently
46
7
158
6
14
84
@pablo_veyrat
Pablo ๐Ÿ“
1 year
Thoughts on @CurveFinance stablecoin: It introduces continuous liquidations where your collateral is converted in stable when its value decreases by too much. What no one mentions is that this system is already there and supported by @eulerfinance and @AngleProtocol ! ๐Ÿ‘‡
3
7
92
@pablo_veyrat
Pablo ๐Ÿ“
8 months
Next week we're launching stEUR, a Euro staking solution powered notably by the RWAs @AngleProtocol protocol has in the reserves behind agEUR. Initial yield is set to be 4%. What's really cool about this is that Angle Exposure to RWAs is so far less than its equity: we control
8
11
93
@pablo_veyrat
Pablo ๐Ÿ“
8 months
The best decision we've taken at Angle Labs was probably not overspending when we could have during the bull. We raised $5m, now have >$3m left, + our burn rate is currently going down with Merkl. Thanks to this, our time horizon is longer than bull/bear market cycles
6
4
88
@pablo_veyrat
Pablo ๐Ÿ“
1 year
Gave a crypto lesson at Ecole Polytechnique this morning. I always find this reversal of roles kind of funny, like being a ยซย teacherย ยป in a class where I used to be a student 4 years ago
8
1
86
@pablo_veyrat
Pablo ๐Ÿ“
1 month
Regardless of what you think of it, @ethena_labs is for me a clear evidence of the power of tokenization. sUSDe is just a tokenized carry trade strategy people have been doing for decade. Through tokenization, not only do you package it in an easy way for normies to enter, but
3
4
82
@pablo_veyrat
Pablo ๐Ÿ“
11 months
The fact that people are lending DAI at 2.21% on @AaveAave when they can get 3.49% risk free on DAI Savings rate is the perfect example of why you need to factor in switching costs in the efficient market hypothesis.
Tweet media one
6
4
72
@pablo_veyrat
Pablo ๐Ÿ“
1 year
Coming soon๐Ÿ‘€
Tweet media one
2
7
66
@pablo_veyrat
Pablo ๐Ÿ“
1 year
I've never been this hungry in my life
@AngleProtocol
Angle ๐Ÿ“
1 year
agEUR is back on track ๐ŸŽ๏ธ Angle is reopening ๐Ÿ‘ All while EUR ๐Ÿ†™
13
13
105
3
3
63
@pablo_veyrat
Pablo ๐Ÿ“
15 days
USDC borrowing cost on @aave =10.52% USDA borrowing cost from wstETH on @MorphoLabs =2% USDA->USDC swapping costs=0 You guys are all smart, so all got the big ๐Ÿง  move
8
4
65
@pablo_veyrat
Pablo ๐Ÿ“
1 year
โ‚ฌ stablecoins should be developed by European teams It's a matter of financial and monetary sovereignty
6
7
61
@pablo_veyrat
Pablo ๐Ÿ“
2 months
There should never be entry fees when coming into or exiting from a stablecoin. Fees add friction and worsen the UX. USDA will be atomically mintable and burnable 1:1 with USDC with no fees to ensure that by owning USDA you own an asset which is technically as liquid as USDC.
5
5
59
@pablo_veyrat
Pablo ๐Ÿ“
8 months
stEUR coming soon๐Ÿ‘€
Tweet media one
12
9
60
@pablo_veyrat
Pablo ๐Ÿ“
1 month
Forex is impossible at scale onchain currently. EURA and USDA will fix this
Tweet media one
7
9
60
@pablo_veyrat
Pablo ๐Ÿ“
1 year
The @gnosisSafe feature to simulate a tx on @TenderlyApp before launching it is for me the best UX finding of the year! Now also available on @AngleProtocol app with a tweak: approvals are simulated so you can see the effect of a complex tx without having to pass an approval
9
4
53
@pablo_veyrat
Pablo ๐Ÿ“
2 years
๐Ÿ† My gf was away this weekend, so had time to work on what I call a Holder Dick Contest TLDR: it's a contract where everyone can deposit tokens and if you withdraw you're paying a fee to all the others that stayed: if you hold longer than the others, you're making money ๐Ÿ’ฐ ๐Ÿงต
6
7
56
@pablo_veyrat
Pablo ๐Ÿ“
1 year
Not getting why some European DAOs are still not using agEUR in their treasury. Easy to get a >6% yield on it on @CurveFinance You can off-ramp it for almost 0%, use Request for invoicing or stream salaries with Superfluid Some more diverse yield products are coming as well
10
3
55
@pablo_veyrat
Pablo ๐Ÿ“
23 days
USDA - EURA routing 53% of the volume on a 100k USDC->EURC swap! @AngleProtocol FX hub is officially live!
Tweet media one
3
9
55
@pablo_veyrat
Pablo ๐Ÿ“
3 months
Really funny that Euro DeFi has not scaled yet, when many of the major DeFi builders are all European
12
1
54
@pablo_veyrat
Pablo ๐Ÿ“
1 month
I've never really understood the hypocrisy of many AML/KYC systems. A case in point with @ethena_labs : Ethena USDe can only be minted on the primary market by whitelisted market makers. It's not explained in their docs but I guess that the rationale here is that they then use
8
3
50
@pablo_veyrat
Pablo ๐Ÿ“
8 months
After almost 3 days, we're at 3.1m agEUR staked and earning a protocol yield. As it stands, stEUR APY should be updated to 9.3% on Monday!
Tweet media one
8
5
51
@pablo_veyrat
Pablo ๐Ÿ“
1 year
$agEUR off to a good start in February with a 76.5% market share in DEX trades for โ‚ฌ stablecoins
Tweet media one
3
3
47
@pablo_veyrat
Pablo ๐Ÿ“
1 year
They call it a decentralized Euro stablecoin, I call it a GPS! Use agEUR for your swap routes, you'll save in fees (Here for a $500k swap from USDC to EUROC)
Tweet media one
6
14
44
@pablo_veyrat
Pablo ๐Ÿ“
11 months
I don't work in crypto, I work in DeFi. When the success of DeFi products is no longer going to be correlated with crypto cycles, it means that we would have gotten into something as people would use it not out of speculation but because it unleashes some actual utility.
8
4
48
@pablo_veyrat
Pablo ๐Ÿ“
1 year
If smart routing simply consists in using @1inch for zapping from one token to another, then the upcoming @AngleProtocol zap/leverage feature for borrowing from LP tokens is based on **really** smart routing! Not that hard to improve 1inch by adding heuristics for some tkns
1
1
14
@pablo_veyrat
Pablo ๐Ÿ“
1 year
1 USDC != 1 USD. At least @AngleProtocol was coded with this in mind
Tweet media one
3
1
47
@pablo_veyrat
Pablo ๐Ÿ“
1 year
I have a huge respect for what @kaiynne and the @synthetix_io team are doing: it's not 10x improvements but at least they've been able to incrementally improve their product for >3 years which is the best evidence of commitment!
3
4
47
@pablo_veyrat
Pablo ๐Ÿ“
1 year
Normal protocol behavior, the protocol considers that 1 agEUR = EUR, so this is a simple arb that puts the stablecoin back to peg
@peckshield
PeckShield Inc.
1 year
Hi @AngleProtocol , you may want to take a look (possibly due to the current USDC depeg):
Tweet media one
Tweet media two
7
15
87
1
6
37
@pablo_veyrat
Pablo ๐Ÿ“
2 years
Listing LP tokens (of @CurveFinance or @Uniswap ) as collateral assets in lending + stablecoin protocols means solving routing problems to be able to liquidate efficiently while minimizing exit slippage. @AngleProtocol to soon come with an advanced solution in that regard
4
4
46
@pablo_veyrat
Pablo ๐Ÿ“
9 months
This is @AngleProtocol balance sheet. The system's equity is >$7m: if everyone was to redeem its agEUR or repay its debt, protocol would be left with this. This buffer is relatively far greater than any of the financial systems (CeFi/DeFi) issuing loans or savings services.
Tweet media one
6
6
46
@pablo_veyrat
Pablo ๐Ÿ“
3 months
I've just posted a proposal on @AngleProtocol governance forum to allocate the 500,000 PYTH retroactive airdrops to veANGLE and @StakeDAOHQ sdANGLE holders based on their balance on the 1st of March. veANGLE holders have already faced in the past the downsides of Angle being a
7
14
45
@pablo_veyrat
Pablo ๐Ÿ“
7 months
๐Ÿ‡ช๐Ÿ‡บ @gnosischain becoming DeFi Euro hub
@AngleProtocol
Angle ๐Ÿ“
7 months
Angle Euro Savings solution, stEUR, has been activated on @gnosischain , meaning that it's possible to stake agEUR there for a native yield paid in agEUR ๐Ÿ‡ช๐Ÿ‡บ All the properties that apply on Ethereum and Arbitrum hold as well here: ๐Ÿ“Same 5.35% APY ๐Ÿ“No minimum deposit
Tweet media one
8
12
59
3
8
45
@pablo_veyrat
Pablo ๐Ÿ“
11 months
After bIB01, time for the first โ‚ฌ bonds on-chain! A proposal to introduce bHIGH (high yield corporate โ‚ฌ bonds tokenized by @BackedFi ) is live on @AngleProtocol Governance forum. This is the kind of stuff that can be a 0->1 for DeFi!
1
10
46
@pablo_veyrat
Pablo ๐Ÿ“
1 month
$10m TVL on USDA
Tweet media one
2
3
46
@pablo_veyrat
Pablo ๐Ÿ“
2 years
With the @feiprotocol wind down, we have decided to launch a brand new decentralized USD stablecoin with @AngleProtocol , please welcome...๐Ÿฅ ...agEUR๐Ÿคฆโ€โ™‚๏ธ
Tweet media one
2
3
43
@pablo_veyrat
Pablo ๐Ÿ“
1 month
USDA is live! Ok cool, but what can you do with it? Right now, with USDA: - you can deposit with no fees into stUSD and earn a 10% APY (derived from the yield the protocol earns on its reserves - RWAs+lending yield). This one is likely to increase in the short term as many
Tweet media one
2
11
45
@pablo_veyrat
Pablo ๐Ÿ“
1 year
Congrats to the @eulerfinance team! Glad that the situation will end up well for all @AngleProtocol stakeholders! Thanks to agEUR seniority vote, we probably won't have to wait for Euler repayment for the protocol to go back to normal! Some discussions:
@eulerfinance
Euler Labs๐Ÿ›ข๏ธ๐Ÿ‡ฌ๐Ÿ‡ง
1 year
Ready for an update? Yesterday, after 3 weeks, the Euler exploiter of March 13th returned all of the recoverable stolen assets to the Euler DAO treasury. It is one the largest recoveries in DeFi history.
58
158
890
6
8
44
@pablo_veyrat
Pablo ๐Ÿ“
24 days
I've been getting a lot of questions recently on the role of the ANGLE token within Angle. While I usually prefer to speak about topics related to tech or product, I wanted to give my stance on all this. Note that is just my personal opinion and it may not reflect the
2
7
45
@pablo_veyrat
Pablo ๐Ÿ“
24 days
The biggest harm that the Luna guys did to the industry is that they put in everyone's mind the idea that a >20% yield on a stable is a Ponzi. stUSD yield is 20% and it's organic, derived from the RWAs and the low risk yield products in the backing + it's high because of the
2
10
45
@pablo_veyrat
Pablo ๐Ÿ“
2 months
It's time to discuss USDA backing. No Ethena but a mix of RWAs and DeFi low risk assets (e.g USDC on @MorphoLabs ) USDA will be a dual engine by essence, offering the best of TradFi and DeFi low risk yields.
3
8
44
@pablo_veyrat
Pablo ๐Ÿ“
17 days
The best stablecoins are the ones that are boring
6
0
45
@pablo_veyrat
Pablo ๐Ÿ“
1 year
Really honored to have been named young talent of the Year by @TheBigWhale_ community! A good encouragement to keep up building with the whole @AngleProtocol ecosystem! Weโ€™ve only accomplished 1% of the way
@TheBigWhale_
The Big Whale ๐Ÿณ
1 year
@ambresoub @KaikoData ๐Ÿ‘‹๐Ÿผ Second category is "Talent of the Year" In our #Web3Awards , @pablo_veyrat , co-founder of @AngleProtocol , was awarded a Golden Whale Statuette for the most promising talent of the year ! Learn more about his background in our free article below ๐Ÿ‘‡
3
2
7
8
5
43
@pablo_veyrat
Pablo ๐Ÿ“
2 years
Will be around in my hometown of Paris the whole week (as usual)! Please drop a DM if you want to meet! We may also have some spare Angle merch...
Tweet media one
13
0
45
@pablo_veyrat
Pablo ๐Ÿ“
1 year
If I had to summarize what 2022 achievements I am most proud of in 1 image:
Tweet media one
2
3
44
@pablo_veyrat
Pablo ๐Ÿ“
1 year
Using $agEUR under the hood when going from one โ‚ฌ stablecoin to another makes your swaps more efficient! The power of being well-integrated on @CurveFinance and @1inch cc @AngleProtocol
Tweet media one
4
5
42
@pablo_veyrat
Pablo ๐Ÿ“
1 month
This is not the endgame for our fx vision with @AngleProtocol (and we have a lot more coming), but we have posted a proposal to seed a $10m EURA-USDA pool on UniV3 upon USDA launch. This will be from day 1 the biggest FX pool onchain.
5
7
44
@pablo_veyrat
Pablo ๐Ÿ“
1 year
I am personally never as happy as when I am writing maths to design new on-chain mechanisms and systems. Marketing a protocol is cool, but ideating on what the product could look like is funnier.
1
0
42
@pablo_veyrat
Pablo ๐Ÿ“
10 months
With @gauntletnetwork launching a program to distribute UNI tokens to @Uniswap LPs, Merkl is set to become the hub when it comes to finding yield opportunities on DEXes. Here, >100% APR for @fraxfinance FXS or @SynapseProtocol , @illuviumio LPs
Tweet media one
8
8
41
@pablo_veyrat
Pablo ๐Ÿ“
1 year
Proud to be an @EthCC speaker for the 3rd year in a row! Will be a nice occasion to share the findings of the research we've spent more time on since the Euler hack
1
1
41
@pablo_veyrat
Pablo ๐Ÿ“
1 month
Following execution of AIP-86 and the acquisition by @AngleProtocol of bERNX, the stEUR rate has increased to 8.3%. And this is not even our biggest announcement of the day ๐Ÿ‘€
Tweet media one
1
7
42
@pablo_veyrat
Pablo ๐Ÿ“
11 months
Every once in a while, when there's some drama about France, I hear people around me saying that France kind of sucks sometimes. On my end, I would not trade my French and European origins for anything in the world.
3
2
41
@pablo_veyrat
Pablo ๐Ÿ“
1 month
This person swapped $24k USDC for the exact same amount of USDA using @odosprotocol integration of @AngleProtocol Transmuter mechanism. USDA is not fully live yet but it'll offer one of the lowest risk and most scalable yield in DeFi all while having the same liquidity as USDC.
Tweet media one
1
2
41
@pablo_veyrat
Pablo ๐Ÿ“
7 months
With stEUR on @gnosischain , we're coming to something really powerful for Euro holders: - onramp with @monerium , swap to agEUR and stake for stEUR - or borrow EURe from stEUR (when stEUR is collateral ๐Ÿ‘€) and get cover your daily expenses while earning
4
8
41
@pablo_veyrat
Pablo ๐Ÿ“
9 months
Total agEUR transaction volume since launch is now >โ‚ฌ9bn
Tweet media one
3
1
38
@pablo_veyrat
Pablo ๐Ÿ“
1 month
If you zoom in, you can see that stUSD has also been added here! Now time to bring transparent and scalable yields to the whole @Starknet ecosystem! With this new Starknet integration, USDA and stUSD will be live on 12 different chains from day 1!
@Starknet
Starknet ๐Ÿบ
1 month
New tokens available on StarkGate ๐ŸŽ‰ From now on, you can natively bridge LORDS and new tokens from Multi-Bridge (the permissionless bridging mechanism) such as ZEND, and stEUR! Bring moar liquidity now:
Tweet media one
48
34
289
3
4
40
@pablo_veyrat
Pablo ๐Ÿ“
2 months
This thread is what I would have loved to read when I was still a student trying to figure out how stablecoins work. If you have trouble understanding how a stablecoin can be structured, or simply want to understand the intricacies behind USDA, this one's for you
@AngleProtocol
Angle ๐Ÿ“
2 months
1/ A few days ago we introduced USDA, Angleโ€™s USD stablecoin ๐Ÿ’ต USDA will offer an unparalleled combination of reliability, yield, liquidity and transparency! How will USDA work concretely? What are the mechanisms behind the stablecoin?โš™๏ธ๐Ÿ› ๏ธ Hang on tight! ๐Ÿงต๐Ÿ‘‡๐Ÿป
Tweet media one
12
27
90
4
9
38
@pablo_veyrat
Pablo ๐Ÿ“
8 months
Now 0% mint fees for agEUR from EUROC And a 7.96% yield for agEUR holders
Tweet media one
3
4
40
@pablo_veyrat
Pablo ๐Ÿ“
2 months
A pivotal step for the @AngleProtocol And this paves the way for what's coming next ๐Ÿ‘€
@AngleProtocol
Angle ๐Ÿ“
2 months
๐Ÿ‡ช๐Ÿ‡บ agEUR rebrands to EURA ๐Ÿ‡ช๐Ÿ‡บ Say hello to EURA, Angle's Euro stablecoin fresh new name! This rebranding marks a pivotal step in Angle's commitment to streamlining and enhancing DeFi usability. Read more:
15
30
102
4
3
39
@pablo_veyrat
Pablo ๐Ÿ“
2 months
Looking to run a airdrop to a large number of people? Merkl enables you to do this rapidly and at scale! Happy to work with the @aave DAO on their Merit program to showcase this feature
@lemiscate
Marc โ€œChainsawโ€ Zeller ๐Ÿ‘ป ๐Ÿฆ‡๐Ÿ”Š
2 months
Merit is live, first wETH airdrop is available for claiming. Cutoff date was block 19425717 (March 14th) Round Two will be dropped ~45 days from now. Merit GHO airdrop next week this snapshot is not taken yet. (redirect to @AngleProtocol Merkl app)
Tweet media one
11
16
61
2
3
40
@pablo_veyrat
Pablo ๐Ÿ“
1 year
I often share these figures about agEUR increasing volume and one major driver of this recent growth is our incentivization system, for which we're releasing a standalone product, Merkl. Sometimes, you don't need more money, just do more efficiently with what you have at hand.
Tweet media one
2
1
36
@pablo_veyrat
Pablo ๐Ÿ“
10 months
Thankfully, @AngleProtocol was completely unexposed to yesterday's events with @CurveFinance . Still a sad reminder that even compiler security is not something to take for granted. Only worse thing that could happen to DeFi is an exploit at the EVM level.
3
2
39
@pablo_veyrat
Pablo ๐Ÿ“
2 years
1/ People tend to forget that Angle ๐Ÿ“ is not just a Euro stablecoin protocol: we're building some of the most innovative DeFi products and primitives out there
3
8
39
@pablo_veyrat
Pablo ๐Ÿ“
7 months
Happy Birthday @AngleProtocol , you still a little baby
@AngleProtocol
Angle ๐Ÿ“
7 months
2 years ago, agEUR was deployed on Ethereum mainnet! 10,000,000,000โ‚ฌ in transaction volume later, ๐ŸŒ 1.5M addresses across 10+ chains are now using agEUR as their gateway to open finance and Euro DeFi ๐Ÿ‡ช๐Ÿ‡บ Evolution in motion
0
15
45
1
2
38
@pablo_veyrat
Pablo ๐Ÿ“
11 months
The billion dollar solution to growing stablecoin demand ๐Ÿ‘‡
Tweet media one
2
14
38
@pablo_veyrat
Pablo ๐Ÿ“
1 year
You know it's a good day when it's 9am and you've already posted a @CurveFinance proposal! ๐Ÿ‡ช๐Ÿ‡บ This one is to add a gauge for the @AngleProtocol agEUR - @monerium EURe pool! Why? EURe needs DeFi integrations and agEUR a top-notch on-ramp!
3
6
35
@pablo_veyrat
Pablo ๐Ÿ“
1 year
gm to all my fellow ๐Ÿ‡ช๐Ÿ‡บ frens! There are currently 3 proposals on @AaveAave governance forum from @lemiscate and the @AaveChan to make our lives in DeFi easier: - - - Plz support so we can all get a โ‚ฌ yield
1
4
37
@pablo_veyrat
Pablo ๐Ÿ“
4 months
Equity of @AngleProtocol is 7.1mโ‚ฌ, meaning it can sustain a loss of 7.1mโ‚ฌ and still maintain a reserve of 1 Euro for every agEUR in circulation. Even if this liquidity backstop makes this type of situation extremely unlikely, the protocol has implemented a unique set of
Tweet media one
3
6
36
@pablo_veyrat
Pablo ๐Ÿ“
10 months
If you're still wondering why we need finance to happen on blockchains, just check the evolution of the unit cost of financial intermediation (= Income of the finance industry divided by the quantity of intermediated assets) since the 19th century -> consistently around 2%
Tweet media one
4
3
37
@pablo_veyrat
Pablo ๐Ÿ“
1 month
The multiplier effect on the yield from stablecoin reserves is imo one of the killer use cases for stablecoins. Right now, @AngleProtocol returns over assets for EURA and USDA are both ~4%, but stEUR offers a 8.3% APY and stUSD 10%. How on earth is this possible? These
Tweet media one
4
8
37
@pablo_veyrat
Pablo ๐Ÿ“
2 years
What we're doing in DeFi at the moment is building protocols, and as @bneiluj once said, in some years, no one will ever know the underlying protocols they're dealing with when sending payment, they'll just see a friendly UI! Like who knows which protocols Facebook is based on.
2
5
35
@pablo_veyrat
Pablo ๐Ÿ“
1 year
๐Ÿ‘‘agGOLD has just been voted by Angle governance! Now is time to implement! Today, we're sharing a set of practical proposals for the launch of the stablecoin
2
5
35
@pablo_veyrat
Pablo ๐Ÿ“
1 year
Literally everyone in DeFi at the moment (including me): "Looking to acquire more TradFi knowledge, do you know anyone relevant I should talk to?"
13
1
36
@pablo_veyrat
Pablo ๐Ÿ“
1 year
๐Ÿ™
@TheBigWhale_
The Big Whale ๐Ÿณ
1 year
@weare_sh @GrabyCapucine @DG2 @jnbarrot @jmpailhon @ambresoub @KaikoData @VictorBusson @taurus_hq @MorphoLabs @Liaubet_JC @Fabernovel @gregory_raymond Drumroll, please... ๐Ÿฅ Our #Web3Awards ๐Ÿณ๐Ÿ† winner for the "Best Web3 Young Talent" is none other than @pablo_veyrat from @AngleProtocol ! ๐ŸŽ‰ Congrats on a well-deserved victory!
Tweet media one
3
0
13
3
2
33
@pablo_veyrat
Pablo ๐Ÿ“
18 days
. @merkl_xyz is now being operated by a team independent to the one which contributes to the @AngleProtocol Good thing is that we're hiring within the 2 teams! Check out our open positions here: My DMs are open if you're interested + believe you're a
Tweet media one
1
1
35
@pablo_veyrat
Pablo ๐Ÿ“
1 year
A stablecoin depegging is not a good thing, even if it's due to exogenous factors. Will agEUR potential reputational damage be reparable or not? The new system we're working on is thought to mitigate ALL potential concerns, but I am wondering if it'll be enough
11
2
34
@pablo_veyrat
Pablo ๐Ÿ“
2 years
agEUR is a multi-chain stablecoinโ›“๏ธ It's already live on Ethereum mainnet and on Polygon. Its expansion to other chains and layers is imminent! Being available everywhere is what will ultimately make it the true โ‚ฌ equivalent to the biggest $ stablecoins
3
4
32
@pablo_veyrat
Pablo ๐Ÿ“
15 days
Happy to be joining EthCC as a speaker again this year!
@EthCC
EthCC - Ethereum Community Conference
15 days
Say hello to your EthCC[7] speakers! @pablo_veyrat from Angle Protocol Track: Decentralised Finance See you in Brussels! ๐Ÿ–ค๐Ÿ’›โค๏ธ
Tweet media one
0
0
9
2
0
33
@pablo_veyrat
Pablo ๐Ÿ“
1 year
The very first bribe market for the @AngleProtocol is live! Thanks @StakeDAOHQ for putting this up! Now begin the $ANGLE wars ๐Ÿ“
Tweet media one
3
4
33
@pablo_veyrat
Pablo ๐Ÿ“
8 months
The best thing you can aspire as a DeFi project looking for institutional adoption is to be able to provide yields that are uncorrelated to TradFi yields. Why would I use your transparent onchain savings system if I can myself buy MMFs with my bank? LST yields are uncorrelated
5
2
32
@pablo_veyrat
Pablo ๐Ÿ“
28 days
It's Friday evening and I'm earning a >8% APY on my EUR and >20% on my USD, all of this in a non-dilutive & sustainable way from a well over-collateralized protocol that can offer this thanks to the multiplier effect it takes advantage of. Pretty nice pre-weekend feeling
3
3
33
@pablo_veyrat
Pablo ๐Ÿ“
8 months
Excellent article once again by @SteakhouseFi @SebVentures and @adcv_ , you've become stablecoin gurus! "Decentralized stablecoins are not banks. However, banks can offer useful lessons that can be applicable to the management and operations of a decentralized stablecoin."
@SteakhouseFi
Steakhouse Financial
8 months
Our team contributes to @MakerDAO , implementing >$2bn of RWA generating >$150M of annual revenues. We also advise @VenusProtocol @AngleProtocol We know a thing or two about stablecoins Today, we release our operating manual for decentralized stablecoins
Tweet media one
13
38
190
1
14
28
@pablo_veyrat
Pablo ๐Ÿ“
9 months
Let's say a stablecoin system has a return over assets of 2%. It could technically pay 2% to all its holders. But what if now only 40% of the holders put their money in the savings infra? They could be offered up to 5%. That's what Maker is doing with DAI and @fraxfinance
Tweet media one
4
3
34
@pablo_veyrat
Pablo ๐Ÿ“
1 month
@TrustlessState We do offer a savings Euro with @AngleProtocol called stEUR. Like sDAI but for the Euro
1
0
34
@pablo_veyrat
Pablo ๐Ÿ“
2 years
EURUSD = 1 and some people still don't know that they can open 100x long positions on the $ (short โ‚ฌ) on @AngleProtocol with no funding rate
4
3
32
@pablo_veyrat
Pablo ๐Ÿ“
1 year
A revolution happening under our eyes! I'll do everything to have @AngleProtocol be part of it! Truth is that the work for us has already started and we hope to be able to share the first Angle products on top of @BackedFi very shortly
@BackedFi
Backed
1 year
Backed has spent the last two years building the new standard for compliant, fully-collateralized, freely transferable tokenized real-world assets. We believe tokenization will unlock trillions of dollars worth of value and power a new wave of economic activity.
1
1
33
2
4
33
@pablo_veyrat
Pablo ๐Ÿ“
1 month
As part of the launch of USDA, we have proposed to update the methodology and schedule for @AngleProtocol ANGLE token emissions. TL;DR: if approved, the emission rate is going to be significantly reduced (up to 75% reduction) and the logic will be fully oriented towards ROI
4
8
34
@pablo_veyrat
Pablo ๐Ÿ“
2 years
Is @elonmusk the next Alameda? The guy is using endogenous collateral ($TSLA) to borrow cash and buy Twitter
7
1
33
@pablo_veyrat
Pablo ๐Ÿ“
1 year
Really glad that the French educational system made us study philosophy at school. I guess this is part of what makes our world views overall less manichean than in many places of the world
5
2
32
@pablo_veyrat
Pablo ๐Ÿ“
10 days
Soon we enable USDC<->USDA to take place with no fees, no slippage and on any chain. This will enable stUSD to become the most easily accessible and user friendly savings account ever built! (here negative slippage when buying USDA on Base)
Tweet media one
3
4
35
@pablo_veyrat
Pablo ๐Ÿ“
1 year
There are still very few projects really innovating in the space and I must say that haven't seen any 0->1 in 2022 in DeFi. Major innovations (decentralized stablecoins, lending markets, AMMs) took place before.
4
0
32
@pablo_veyrat
Pablo ๐Ÿ“
1 year
agGOLD will be an excellent way for us to showcase our stablecoin expertise with @AngleProtocol
3
3
33