1/ Altair $AIR - Bridges real-world assets (RWA's) into DeFi, providing liquidity for asset owners and stable yield for investors πŸ”₯

This is a fantastic project with potential beyond belief.

I hope you find value πŸ’ͺ

@centrifuge $KSM $DOT $CFG #Polkadot #Kusama #RWA
2/ Thread Menu

βœ… $CFG & $AIR
βœ… What Is It
βœ… Asset Originators
βœ… Lenders / Investors
βœ… Problems with Traditional Banking
βœ… Value Prop
βœ… $KSM parachain
βœ… How Does to Altair Operate
βœ… Tokenized Assets
βœ… NFT's & P2P Protocol/Node
βœ… Tinlake
βœ… Revolving Pools

3/ (cont.) Thread Menu

βœ… ChainSafe Bridge
βœ… Token Utility
βœ… Incentives
βœ… Tokenomics
βœ… Roadmap
βœ… Team
βœ… Partnerships
βœ… Investors
βœ… Verdict

4/ $CFG owns $AIR

As per Polkadot/Kusama's design, tokenization of the most experimental assets & financing will happen on Altair before deployment on Centrifuge

$CFG & $AIR are close in design, but $AIR has special experimental features incorporated into its design

5/ So What Is $AIR

$AIR, built on Parity's Substrate & bridged to Ethereum, is a connection, a bridge, that allows for the transfer of real-world assets (RWA's) into DeFi

RWA's include: assets such as invoices, mortgages, royalties, etc. (more on RWA types later)
6/ $AIR Asset Originators (AO's)

Two categories of users can benefit from Altair

A) ASSET ORIGINATORS - such as small and medium-sized enterprises (SME's) can tokenize their RWA's and use them as collateral for financing.

$KSM $DOT $CFG $AIR #Polkadot #Kusama
7/ $AIR Lenders / Investors

Altair enables Defi users (investors) to earn stable yields by investing in real-world companies.

In addition, the money (stable coin) invested generates bankless liquidity for AO's
8/ $AIR - Problems with Traditional Banking

➀ Only large businesses get direct access to liquid capital markets

➀ The value locked in traditional RWA's is not accessible

➀ SME's lack competitive interest rates

➀ Saving accounts offer extremely poor interest rates
9/ $AIR - Value Prop

➀ No need for conventional banking system's

➀ Lowers the barrier of entry for originating and investing in assets

➀ Creates a bridge between the real world and DeFi

➀ Scales asset financing

➀ Secured KSM parachain

#blockchain #parachain
10/ $AIR Kusama Parachain

Altair can benefit from a $KSM parachain in ways such as added security, cross-chain interoperability, on-chain governance decision making & implementation, also with extremely fast & cheap transactions!

A massive milestone for $AIR πŸ”₯

11/ $AIR - AO's - Working Operation

From Bob's lumber business, his docs show he is owed $10k from Alice, but she cannot settle for another 30 days

Bob cannot wait; he has bills. So what can he do?

Bob can tokenize his invoice into an NFT & use it as collateral for a loan
12/ $AIR - AO's - Working Operation

The loan, issued in stable coin, is performed through the Tinlake DAPP

When Alice pays Bob back, he can pay back the loan in full, partially, or whenever he desires as long as it complies with the terms and conditions of the loan agreements
13/ $AIR - Investors / Lenders - Working Operation

Lenders provide liquidity for Bob's assets. In exchange, lenders earn a stable yield (AIR rewards) on their investment.

On the Tinlake #DAPP, several companies are open for investment, all of which have various APRs.
14/ Altair - Tokenized Assets

The list of potential tokenized assets solely depends on how big your imagination is!

Common assets such as invoices, mortgages, and royalties can be tokenized
15/ Altair -(cont.) Tokenized Assets

Rare or high-value NFT's such as @MoonsamaNFT could be used as collateral!

Real Estate, collectibles, entire businesses, vintage cars, helicopters, private jets, etc., are high potential asset classes that may be eligible for tokenization 🀯
16/ $AIR - NFT’s & P2P Protocol/Node

To keep Asset Originators loan details private, Altair uses privacy-enabled NFT's, executed on a private P2P trusted (peer-to-peer) network πŸ”₯

Tracking public asset ownership is carried out on a decentralized public ledger as normal

17/ $AIR - NFT’s & P2P Protocol/Node

This combination of private and public ledgers is essential to Altair's operation

Segments of the process will remain centralized for the time being. The tokenization of assets needs to be approved/disapproved as part of the onboard process
18/ $AIR - Tinlake

Tinlake is Altair's smart contract DAPP Marketplace.

It unites both asset originators & Investors for the ultimate Defi experience.

Tinlake is currently built on ETH. However, it plans to migrate to Altair Chain & a secure p2p protocol
19/ Tinlake

Two different tokens the investor can invest with, TIN & DROP

➀ TIN (risk token) – high risk / high reward (Risk token takes the risks of defaults)

➀ DROP (yield token) – low risk / low stable rewards (Yield token is protected against defaults by Risk token)
20/ $AIR - Revolving Pools

Revolving pools allow users to investors or withdraw their funds at any time

This is achieved by a decentralized mechanism that ensures Asset Originators have a constant source of liquidity while investors can flexibly invest and redeem

21/ $AIR - ChainSafe Bridge

This ChainSafe bridge (a substrate pallet implementation) allows the safe transfer of assets between Altair Chain and Ethereum

#Polkadot #Kusama $CFG
22/ $AIR - Token Utility

AIR - native token that powers Altair

With basic functionality delegated to Kusama, the AIR token has no limits β€” it can become more than a traditional network token

➀ Om-chain governance
➀ Transaction fees
➀ Staking / Security
➀ Reward adoption
23/ $AIR - Incentives

➀ Staking rewards

➀ Validator rewards

➀ On-chain governance

➀ Adoption Rewards

$CFG $DOT $KSM $MOVR #Polkadot #Kusama
24/ $AIR - Tokenomics
I have reached out to the team for more details on full tokenomics including, T. Supply, Inflationary/Deflationary models, vesting for crowdloan participants, initial MC, etc.

I will update this thread as I receive

For now, see below
25/ $AIR - Roadmap

I have reached out to the team for more information regarding Altair Roadmap - I will keep you updated as I receive
26/ $AIR has a solid team with lots of experience from companies such as

Consensys, Electric Coin Company, Parity, Goldman Sachs, Credit Suisse, SAP, Microsoft, Deloitte, United Nations, Federal Reserve

➀ Lucas Vogelsang (CEO & Co-Founder)
➀ Martin Quensel (Co-Founder)
27/ $AIR Partnerships

Altair has a large number of partnerships, including, MakerDAO, Aave, & Paperchain

All partnerships add value to Altair in their own unique way. Please see the image below for further detail
28/ $AIR Investors

Mosaic, BlueYard, & Fintech Collective were the main contributors to the seed round, with a total contribution of $8m

The 2nd round of investments was made by investors such as Fenbushi, Galaxy Digital, IOSG, and Moonwhale
29/ $AIR Verdict

Altair's unique use case will provide so much value to SME's and individuals that require bankless liquidity of their assets with ease of use

It incorporates Defi, NFT's, RWA's, and a Kusama Parachain. An all-in-one crypto mind-blowing package

30/ (cont.) $AIR Verdict

Altair's DAPP Tinlake is very easy to use with good UI/UX. RWA's are not correlated with the cryptocurrency markets, so high volatility is less likely

The $KSM parachain slot also adds significant value to $AIR, opens up a world of features & benefits
31/ $AIR Verdict

The benefits associated with borrowing against RWA's on-chain in a bankless way will escalate the world of DeFi to all-time highs

Potential to bring trillions of dollars into Defi. I can't even begin to imagine where $AIR will be in two years from now πŸ”₯
32/ $AIR Review Rating

I am still waiting on more information from the team concerning Tokenomics and Roadmap, so I can not give this a rating yet.

When I receive more information, I will provide a rating

I hope the thread has shown you the value $AIR brings to the table

β€’ β€’ β€’

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More from @PaulsCryptoCall

27 Sep
1/ $MOVR Inflationary / Deflationary Supply

$MOVR has an annual inflation rate of 5% plus a deflationary model

Is it good or bad? IMO, it's neutral & I will explain why
So let’s break it down πŸ”½

2/ $MOVR - What Is The Inflated Supply For?
➀ 1% - Incentivizing collators (security, as per $KSM design)
➀ 1.5% - Maintaining a parachain slot in perpetuity
➀ 2.5% - Staking & help power the collator selection process

Moonriver has a deflationary model that counteracts a proportion of the Inflation
MOVR's transaction & smart contract executions fees are burned & allocated as per below
➀ 80% - acts as deflationary force
➀ 20% - go to $MOVR's on-chain treasury
Read 7 tweets
17 Sep
1/ So what is all the hype of @MoonriverNW about & how can we benefit from it?

If you want to invest in it, know what you are investing in first.

The thread below aims to explain $MOVR in a non-"techy" simplified way.
2/ First off, regardless of the potential profit to be made, the value that $MOVR brings is nothing short of incredible. Crypto heads who have been in the space for few years & have been following the tech will appreciate the innovations at play here
3/ Anyone who has sent an ETH transaction knows the pain associated with it. Sloths can move faster than ETH's TPS, not to mention the high gas that Mr. Sloth demands πŸ¦₯

Check out the money you wasted on gas in this painful exercise: fees.wtf
Read 22 tweets

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