Based on our record, Genesis Global Trading seems to be a lot more popular than DeepDAO. While we know about 11 links to Genesis Global Trading, we've tracked only 1 mention of DeepDAO. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.
"Gemini is partnering with accredited third party borrowers including Genesis, who are vetted through a risk management framework which reviews our partners’ collateralization management process. On a periodic basis we will conduct an analysis of our partners’ cash flow, balance sheet, and financial statements to ensure the appropriate risk ratios and healthy financial condition of our partners. Source: 12 months ago
Genesis trading is a company that helps institutional investors tap into the crypto markets. Source: over 1 year ago
I'm like 99% sure you're correct. https://genesistrading.com/. Source: over 1 year ago
However, if your GUSD is in their Earn program, you essentially have what is called third-party risk. Essentially, Gemini has given your GUSD to Genesis. Genesis then uses those GUSD to lend to institutional investors, who are doing god knows what with the GUSD. The point of all of this is to say that if the institutional investor goes bankrupt, or if Genesis goes bankrupt, then you may not be able to get back... Source: about 2 years ago
They partner with Genesis capital https://genesistrading.com/. I listened to an interview with Genesis about the Earn program and they have a slush fund to cover any defaults. Basically you are fine unless Genesis themselves go under which is unlikely. Source: over 2 years ago
Lots of people asking about DAOs. So here are a couple of resources you can look up. To look at a large list of different DAOs with info about what tech stack they run, how big the treasuries are, etc., look here: https://deepdao.io/#/deepdao/dashboard Here is a good article written in layman's terms (it's CNBC after all) about the concept and current landscape of DAOs:... - Source: Hacker News / over 2 years ago
Nexo - Banking on Crypto — Borrow. Earn. Pay. Invest.
doola DAOs - One-stop-shop to launch, maintain, and grow your DAO LLC
BitMart - BitMart is one of the largest online cryptocurrency trading platforms that let you exchange, trade, sell, and purchase cryptocurrencies.
GiveWell - GiveWell is a nonprofit dedicated to finding outstanding giving opportunities and publishing the full details of our analysis to help donors decide where to give.
Matrixport - Matrixport is an online cryptocurrency trading platform that allows you to buy and sell digital assets in the pool of millions of users.
Coingecko - CoinGecko is a free to use web-based and mobile application that provides financial market data for more than 2000 digital currencies.