FIAT DAO is a response to a simple question: why is fixed income one of the smallest sectors in DeFi, when it’s one of the largest asset classes in TradFi? In short, it comes down to getting leverage and secondary liquidity on your fixed income asset position.
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FIAT DAO will look to solve both through $FIAT, an asset that will be a cross between the collateralized debt positions we all know and love with a clever new redemption mechanism.
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While it was incubated by the @Barn_Bridge team, FIAT DAO is being built out as a credibly neutral protocol capable of accepting and assessing all types of fixed income assets across DeFi. Our initial core contributors are @el_nilz @0xJohannes @fiege_max and @cleanunicorn
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We’ve also assembled quite the cohort of gigabrains to advise FIAT DAO: @GSpasov @LordTylerWard @cactus_raazi @mudgen @santiagoroel @ohmzeus

8:29 PM · Oct 15, 2021

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In the coming weeks, we’ll share the FIAT DAO whitepaper; design considerations for the accompanying $FDT token; and the roadmap for the launch of the DAO itself. And remember:
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GIF
@fiatdao I run a small VC here in Asia, any seed funding space left? drop me a dm, or where can i message please. Just read the medium . very interested
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