PERSON DIRECTORY
Adrian Cachinero Vasiljevic
Adrian Cachinero Vasiljevic appears in 1 indexed conversation across Empire. This directory brings every appearance, source, TL;DR, digest, and transcript into one searchable feed.
How To Make DeFi Great Again | Adrian Cachinero Vasiljevic & Luca Prosperi
Jason YanowitzAdrian Cachinero VasiljevicLuca Prosperi
DeFi’s 20–30 bps rates on prime BTC/ETH vaults reflect on-chain capital oversupply and brutal borrower liquidation, rather than a broken market, while Prosperi’s model puts the perfect-world floor at 40–45 bps over risk-free.Morpho V2’s fixed-term markets could build a term structure, but hacks, operational risk, and blockchain finality leave the all-in fair spread unresolved, with Prosperi estimating potentially a couple hundred basis points over SOFR.