Hey Centrifuge World 🌀
We’ve had quite a few new signups since our last newsletter; on behalf of Centrifuge I’d like to say welcome :) to everyone who has joined. A lot has happened in August that will benefit Tinlake users/potentials, including new pools and a reward program for Radial.
**Radial Rewards Program is now live! Invest in our September pools or finance your own assets to earn RAD. (more info below)**
Asset Type: Consignment Inventory Finance
Kickfurther’s marketplace matches Brands that need capital to purchase inventory with a community of Buyers who are willing to purchase inventory on consignment in exchange for participation in the profits upon sale.
Pool Launch: Late September
Asset Type: Music Streaming Financing
Paperchain is the easiest and fastest way for creators and media companies to access their streaming revenue. Their mission is to power the creator-led economy - by giving faster access to creator revenues and opening up streaming data to unlock creator growth and decision-making.
Pool Launch: Early October
Radial Rewards Program
🌀 Spin a pool, receive RAD for every asset financed ($250k pool minimum)
💸Invest in a pool, receive RAD for every $ invested ($10k minimum)
The Radial Rewards Program was designed to get the right players in the Tinlake ecosystem, starting first with investors and asset originators. For the first 100 Million Dai in transactions, the program will reward investors with up to 6.7 million RAD, and asset originators with up to 1.3 million RAD.
Looking Back at August
We successfully spun 4 pools in the last month, breaking past $2m financed through Tinlake. Thanks to Harbor Trade Credit (HTC1), Paperchain (PC1 + 2), and Consolfreight (CF3)!
DeFi’s First Underwriter Token
Cassidy Daly, our Tokenomics expert, proposed a token model using TIN that minimizes trust in real-world assets. Camila Russo of the Defiant also held a Q+A with Cassidy to get a better understanding of Centrifuge and how the token model works.
Want to get more involved?