This Paradigm-Backed Startup Is Offering DeFi’s First ‘T-Bill’

“What is the time value of money?” That’s the age-old question Allan Niemerg, former head of research and investments at Cumberland DRW and founder of newly launched Paradigm-incubated Yield Protocol, is trying to answer with his new programmatic money market. Released publicly Oct. 19, Yield is jostling to join a $2.6 billion decentralized lending industry dominated by established players such as Compound by providing a benchmark product others have not: a DeFi yield curve. STABLE RETURNS: Yield Protocol’s six offerings plot a DeFi yield curve, the founders say.(Yield Protocol)Source: Yield Protocol…