Paul Frambot
speaker
486 appearances
1 recordings
1 series
first heard Jul 2026
last heard 29 Jul
Paul Frambot’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.
Appearances
And then the curators will assess this and will price it, right?
And I think, by the way, I think this is the answer to under-collateralized loans.
I see how that would work.
The value of on-chain is the matching.
It's the open matching with end lenders, with end borrowers, which achieves better price discovery and better efficiency, which lowers the cost of capital for an Apple or for whoever, frankly, right?
It's not restricted to Apple, like you show into a home mortgage.
You basically, Morpho lets you run global auctions on every single lender when you get your home mortgage.
Instead of just going to your bank and obey to whatever interest rate they give you, you're going to run an auction on 10,000 different banks.
Now, in practice, we are going to help facilitate this.
Like, obviously, we're not responsible for the enforcement of any of that, but we can come up with a language for people to express why they are trustworthy.
And if we, you know, a good language, good abstraction will allow for good capital formation and facilitate.
So that's our role, right, in all of this.
But I think overall, this is the solution to, like, extending beyond the set of arbitrage horizons that we have.
Took us a lot of time to realize, I'm not going to lie, but I think this is really the key of this.
I think Morpho Midnight is going to be the first PMF of the identity layer.
The identity layer had a PMF problem because there was no business case.
But now the business case is going to be very clear is that your cost of capital is going to be a few bips lower if you provide that identity primitive.
Hence, there's like a clear value that you can achieve by having your identity on-chain.
Yes.
And I think first I should mention, as you said, that
Showing 281–300 of 486 · page 15 of 25
← Previous
Next →