We don't rehypothecate assets here at Vield. Which sounds good and well but what is rehypothecation? In simple terms, it's when your collateral is being reused. e.g. if you have money in a bank account, it's likely that the bank is using it to back their own borrowings or support other trades. In crypto things can be a bit murkier as the level of risk management needs to be much higher due to the volatitlity. We choose to not rehypothecate altogether as it can create a systemic risk and cascading liquidations. Bitcoin is a generational asset and we treat it with the respect it deserves.
👍
legends of Vield 💪
As a victim of the Blockfi collapse I completely agree Chantra, great to see Vield is the only lender in Australia that isn't rehypothecating and is also individually insured! Definitely creates a lot of trust 🙏
Love this direct simple example! Good work
Well said Chan. Nail your niche & people will come
Great Video! 💪
Safety first 🥇