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McKenna-

@Samkazemian curious why you guys chose FinresPBC instead of blackrock

ishares for short-term treasuries? people like ondo finance utilising these types of etf's is it due to management/intermediary fees?

#cryptocurrency #english #frax
0

6 ответов

24 просмотра
Joo Kian-

Yeah likely due to fees. FinresPBC will be a non-profit and only charges minimum cost to upkeep operations. Risk will be that Finres's regional banking partner is Lead Bank, a relatively smaller bank (~$800M AUM)

0
26.09.2023
tan-Any1 DM as admin will be reported to tg as scammer

very strange question, why don't keep revenue to yourself rather give to someone else who does not know how to provide service you need?

0
26.09.2023
Sam-Kazemian ¤⛓️¤

Yes management fees is one but other than that, you’d still need a properly set up legal entity to handle and hold the ishares. FinresPBC can hold those if we want. But regardless of whether we want to hold ishares or raw tbills, we still need our own entity like FinresPBC since a protocol can’t hold it by itself.

0
26.09.2023
tan-Any1 DM as admin will be reported to tg as scammer

check usdt balance sheet, how profitable it is! don't want to share with anyone

0
26.09.2023

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