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🔥 DeFi新势力IPOR

构建DeFi基准利率,实现高杠杆利率交易,什么是IPOR @ipor_io ? IPOR指数、IPOR AMM和资产管理智能合约三个核心如何组成 #IPOR 协议?

本推带你一次看懂 🧵
🌟IPOR指数

📌IPOR(Inter Protocol Over-block Rate)的名称来自于LIBOR(London Interbank Offered Rate)和SOFR(Secured Overnight Financing Rate),与SOFR更接近。LIBOR和SOFR都是金融市场中使用的基准利率,它们的主要区别在于计算方法和信用风险的不同。
📌LIBOR根据伦敦银行同业拆借市场的报价计算,SOFR根据市场上实际交易数据计算;LIBOR的借贷没有担保,SOFR有担保。因此SOFR更不容易被操纵且几乎没有信任风险,近些年正逐步取代LIBOR。
Read 10 tweets
"The most important number in #finance", the London Interbank Offered Rate (#LIBOR), died a shameful death at the age of 52.

The interest rate benchmark underpinned more than $300 trillion in financial contracts before being marred in a scandal that lasted ~ a decade.

A short🧵 Image
2/ The scandal came into the limelight in 2008 but there is evidence that collusion between banks was going on since 2003.

🤥 “We know that we’re not posting, um, an honest” rate, a Barclays employee told a New York Fed official in April 2018.

How was it done?
3/ #Barclays was a key player.

Barclays would submit its #LIBOR estimate, claiming that it was lower than what other banks actually charged it.

A lower rate indicated a smaller risk of default & is considered a sign that a bank is in better shape than another bank. Image
Read 11 tweets

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