Eliminate Origination Fee for Cut of Returns Instead

+1 eliminate origination

@ryan.rodenbaugh think your point re: headline rate is v important

agreed @carlj fixed origination doesn’t scale with duration bit messy

also origination just feels like another attempt to port over some shitty legacy concept from tradfi that really doesn’t need to exist

let’s build better financial primitives while we have a clean(ish) slate to work with

reduce complexity

increase transparency

3 Likes