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Grayscale (@Grayscale): Onchain lending began with borrowing against Bitcoin and Ethereum, then evolved to looping and liquid staking tokens. The next frontier: bringing real…

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Onchain lending began with borrowing against Bitcoin and Ethereum, then evolved to looping and liquid staking tokens. The next frontier: bringing real-world credit products onchain, drawn by yields above the fed funds rate. Protocols like Aave @aave are leading onchain lending with a cheaper cost of capital, according to our conversation with @luigidemeo.

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