ইনস্টিটিউশনাল ডিফি গ্রীষ্ম
2025-এর ‘ডিফি’গ্রীষ্ম —টা আসছে নয়, হয় ফিরছ
আমি সচেতন: 2025-এর ‘ডিফি’গ্ৰীষ্ম হচ্ছয় অতীত মধুদধি নয়। মেম/ভাপওয়্যার-ভিত্তিক উদ্যাপন বা হাইপওয়ালকটা? উদ্দীপক: আই.টি. (SAB 121) - পদচারণা: SEC- SAB 121- বণ সঙ© 㝃㝆㝍 㝌㝋,㝌㝋,㝌㝋,㝌㝋,㝌㝋,㝌㝋.
GENIUS Act: Stablecoin → cash/Treasury backed (1:1), fully KYC/AML.
Wall Street: cantor Fitzgerald → Maple Finance → BTC loan (APY: 4–6%) → legacy friction bypassed.
ফল: Not speculation — Operational leverage.
Overcollateralization → Credit-Native Finance
• Sybil resistance + zk-FICO: 3Jane – non-collateralized USDC lending. • Chain-native CLOs: Maple Finance – senior/subordinated tranches. • Automated CDS: Aave Umbrella + Opium – real-time default insurance. • Rehypothecation + Insurance: SyrupUSDC – restaked capital + pooled risk.
This is not “DeFi with better UX” — it’s financial engineering on-chain. Game over for old models.
High-Dimensional AMMs & Modular Stablecoins: Next-Level Infrastructure
Orbital AMM (Paradigm): generic geometric model → multi-asset pools → up to 70% slippage reduction vs Perena (Solana). Especially effective with LSDs and RWA tokens.
Spark (MakerDAO’s Endgame): • TVL > \(59B, • \)50M backing from MakerDAO, • EigenLayer integration for restaking efficiency, • Returns: 10–17% via Maple Finance partnerships.
Result? Chain-native yield engine — not speculation-based but credit infrastructure-driven. The narrative has shifted: from “Can this work?” to “Why wouldn’t you use it?” The truth? The world is moving toward a chain-based dollar system. If you’re still thinking ETH vs BTC or DEX vs CEX — you’re behind the curve.
