Thanks @sirj! Like many, we’re very excited to continue building in this space!
- You are looking to launch 4 pools at the same time correct?
Correct! We’re launching four Tinlake pools alongside four Maker vaults that will consider asset classes, including Whole Loans, Senior Credit Facilities, and Investment Grade Structured Credit.
- Are the Pools going to be the same asset classes?
No, see answer to (1)
- Can you please share what asset class(s) will be brought on chain?
Whole Loans, Senior Credit Facilities, and Investment Grade Structured Credit are all novel asset classes that will be onboarded onto the Centrifuge platform on-chain. These assets typically make up private credit fund strategies and we are excited to continue to bridge the gap between existing best-in-class assets / practices and DeFi.
- What would the average Asset size and duration be?
The three asset classes proposed by BlockTower will have varying asset sizes and duration depending on the loan pool, facility size, and bond size. The duration and size profiles of the collateral may also vary depending on if they are consumer loans, auto loans, corporate loans, etc., typically ranging between $1K to $1M with terms ranging from 1 to 72 months. Average consumer loans are $7 to $12K with terms of 36 to 60 months.
- How long has Blocktower itself been around?
BlockTower Capital was founded in 2017 by Ari Paul (CIO) and Matthew Goetz (CEO).
- Given today is the 13th, i would recommending amending the target launch date, right?
The current target launch date is when the Maker and Centrifuge co-developed on-chain smart contracts are executed, which is 12/13. With this, we are eager to work with the Centrifuge development and operational teams to launch when ready!