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Dion Chu Profile
Dion Chu

@dionchu

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CEO of Term Labs @term_labs . Ex-bond trader at Capula & Jefferies. Federal Reserve alum. Harvard Law J.D.

Joined August 2014
Don't wanna be here? Send us removal request.
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@dionchu
Dion Chu
3 months
Proud to announce our $5.5m Strategic Round led by @electriccapital with participation from @MaelstromFund , @Arete_xyz , @Deltabc_fund , @_inceptioncap , @BlizzardFund and others.
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@dionchu
Dion Chu
2 years
Just picked up this "floor" birb...welcome to the fam
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@dionchu
Dion Chu
2 years
Kevork Mourad performance art, imbuing new meaning to “fractional” ownership with @bryanbrinkman @ido_eth @young8uddha @ItsAdamtastic
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@dionchu
Dion Chu
2 months
1/ DeFi's rate swings are unlike anything in modern financial history. In just 2 years, DeFi rates have changed more than TradFi did after the: - 70s oil crisis - Black Monday - Tech bubble - 2008 crash - Covid This volatility is a major barrier to institutional adoption.
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@dionchu
Dion Chu
1 month
1/5 Incredibly excited that @term_labs will be joining @a16zcrypto 's CSX Fall 2024 cohort! As co-founder, I'm humbled by this opportunity and a16z CSX's participation in our recent strategic funding round. It's a powerful validation of our team's hard work and vision.
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@term_labs
Term Labs
1 month
Thrilled to announce Term Finance's selection for @a16zcrypto 's CSX Fall 2024 cohort and their participation in our recent strategic funding round! We're honored that our mission of bringing stability to DeFi lending is being recognized. Can't wait to dive in, meet with
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@dionchu
Dion Chu
1 month
Founder Mode: Gearing up for a 22-hr flight in economy class to attend Token2049.
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@dionchu
Dion Chu
2 months
As DeFi evolves, it's time to rethink how we talk about yields. We've been chasing headline APRs without asking the right questions: - Real yield vs. token hype? - Does it scale? - Is it sustainable? - Impact of fees & slippage?
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@dionchu
Dion Chu
26 days
Incredible week at @token2049 Singapore! My highlights: ▫️ Joined panels w/ @puffer_finance & @re alongside brilliant minds in DeFi ▫️ Insights: Family office crypto interest surging, but DeFi adoption varies globally ▫️ Amazed by 700+ side events - the energy was electric! ▫️
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@dionchu
Dion Chu
2 months
Open-ended, variable rate lending protocols are designed to keep utilization between 80%-90% to maintain a liquidity buffer for redemptions. As a result, only 80%-90% of the borrow rate is actually passed onto the suppliers, less additional protocol fees. Term Finance stands
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@term_labs
Term Labs
2 months
Massive 🤯: $9.1M in demand - largest auction ever on Term! This was only possible thanks to our amazing collab with @usualmoney and valuable input from the community. Auction cleared at 13.0% fixed rate! 📈 View bids & offers: For borrowers: ✅
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@dionchu
Dion Chu
2 years
Fire!
@ainightbirds
AI Nightbirds
2 years
@dionchu Here comes the AI version of moonbird #8115
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@dionchu
Dion Chu
2 years
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@dionchu
Dion Chu
3 months
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@dionchu
Dion Chu
2 years
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@dionchu
Dion Chu
3 months
ETH borrow rates hit 17% overnight! 📈 And this isn't the first time. The market has seen 4 surges of similar or greater magnitude within the past month. Term Finance: lock in fixed rates, avoid liquidity squeezes.
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@dionchu
Dion Chu
3 months
3/ Term is the first on-chain fixed-rate lending protocol to operate effectively at institutional scale with over $100M of loans serviced through protocol and 7-figures clearing consistently each week.
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@dionchu
Dion Chu
2 years
Bored at Apefest with @franklinisbored @nftgoio
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@dionchu
Dion Chu
2 years
Wading into generative Tezos NFTs with @HeveyArt , #fxhash
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@dionchu
Dion Chu
2 years
probably nothing... @MekaVerse
@MekaVerse
MekaVerse
2 years
🌐🗺️ 2022 — NEW ROADMAP 🗺️🌐 → 🎮🚀 LET'S GO #MEKAGANG x @CoreGames ! 🤍⚔️
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@dionchu
Dion Chu
2 months
At Term, we're committed to radical transparency: - A clear focus on base yield - Scalable, predictable outcomes - Fees clearly stated up front - No surprises - what you see is what you get DeFi deserves better. Let's rethink how we talk about yields.
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@dionchu
Dion Chu
1 month
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@dionchu
Dion Chu
2 years
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@dionchu
Dion Chu
3 months
5/ Achieving Term’s mission of bringing stability and certainty to on-chain lending requires an engaged community of users who value open and transparent DeFi lending, but also appreciate the predictability of traditional term loans.
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@dionchu
Dion Chu
3 months
4/ The funds raised will be used to grow the protocol as well as accelerate Term’s roadmap to streamline borrowing and lending with features such as looping, passive lending, automations and real-time alerts.
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@dionchu
Dion Chu
4 months
People complain about instant liquidations in DeFi lending, in stark contrast to CeFi lending outfits that afford the “courtesy” of delayed margin calls. Great article from Bloomberg on what happens when things go wrong. 1/ UBS - loses $860mm
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@dionchu
Dion Chu
2 years
Retail rotation into @doodles (de-centralized, community governed, no VC), while whales exit. Battle lines being drawn between VC-backed vs. community run projects?
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@dionchu
Dion Chu
9 months
10% real yield on ETH? 👇
@term_labs
Term Labs
9 months
The first LRT auction on Term is now closed - 4 week wETH / weETH 73 wETH matched at a rate of 9.85% backed by @ether_fi LRT weETH vs. 196 wETH total supply. Subscribe to calendar Newsletter Sign up
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@dionchu
Dion Chu
2 years
2017 BTC cycle: Dec '17 to Dec '18 recovering Dec '20 ==> -83.4% peak to trough; 1 year to bottom tick; 3 years to recover prior peak Current Drawdown: Nov '21 to ??? recovering ??? ==> -71.9% (as of Jun '18); winter is here; watch core CPI and the FOMC for the bottom
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@dionchu
Dion Chu
3 months
1mm USDC against sUSDE locked for a 3mo term...not a bad start for this new market!
@term_finance
Term Auction Results
3 months
Term’s USDC / sUSDE auction is now closed. $1M matched @ 9.50% backed by SUSDE versus $1M total supply. Subscribe to calendar Newsletter Sign up
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@dionchu
Dion Chu
3 months
BTC holding range and trading near recent peaks DESPITE massive deleveraging (as evidenced by declining perp funding rates). Bullish.
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@dionchu
Dion Chu
3 years
Adding to the Meka battalion @MekaVerse via @opensea
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@dionchu
Dion Chu
2 years
ETH/BTC - "Buy the Rumor/Sell the News"
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@dionchu
Dion Chu
3 years
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@dionchu
Dion Chu
23 days
Been following @phtevenstrong since DeFi summer, personally thrilled to finally see a walk-through by the one and only "Calculator Guy" on Term Finance.
@term_labs
Term Labs
23 days
New to Term? Check out this video from the GOAT of DeFi tutorials @phtevenstrong .
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@dionchu
Dion Chu
2 years
Looking forward to co-hosting this event, mark your calendars!
@nftgoio
NFTGo
2 years
We’re really excited for our alpha mastermind this week. We’ll be joined by @franklinisbored and diving into some data on our site looking for alpha. #NFTCommunity
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@dionchu
Dion Chu
3 years
To the moon!
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@dionchu
Dion Chu
3 months
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@dionchu
Dion Chu
3 years
Check out my new NFT on OpenSea! via @opensea
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@dionchu
Dion Chu
1 year
Another reason to lock in fixed rates through @term_labs fixed rate auctions
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@dionchu
Dion Chu
2 years
I'm bullish! If you're curious why, I share my thoughts below (link)
@kevinrose
Kevin Rose
2 years
1/GM. Today, we’re announcing that @moonbirds and @oddities_xyz are moving to the CC0 public license. We believe this move honors and respects the values of the internet and web3 and starts a new and important phase of the project. 🧵...
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@dionchu
Dion Chu
10 months
RWA meets DeFi Lending
@term_labs
Term Labs
10 months
Term Finance, @matrixdock , and @chainlink break ground on a first-of-its-kind RWA lending market Today’s $STBT (Short Term T-bill Token) auction marks the FIRST EVER (on-chain) fixed-rate loan backed by permissioned real-world assets using oracles powered by @chainlink Proof of
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@dionchu
Dion Chu
3 months
Couldn't have said it better myself!
@0x_gunn
Gunn ✒️
3 months
Integrating auctions into DeFi lending? It’s a complex process that requires a deep understanding. Let’s simplify it with @term_labs . A thread.
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@dionchu
Dion Chu
3 years
Just saying…
@MekaVerse
MekaVerse
3 years
We are excited to announce our collaboration with @Coinbase_NFT 🤖⚔️
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@dionchu
Dion Chu
2 months
2/ Term and other fixed-rate protocols bridge the gap by making DeFi rates predictable—paving the way for greater institutional adoption of DeFi.
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@dionchu
Dion Chu
2 months
3/ Since launch, Term has: - cleared over $150mm in fixed rate loans - integrated with permissioned RWAs, and - onboarded major funds, foundations and treasuries
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@dionchu
Dion Chu
1 year
Compare v 5%+ fixed borrow on competing protocols 👀
@term_labs
Term Labs
1 year
Mainnet Deploy..................................✅ First Full Term Auction.....................✅ Public Mainnet Launch.......Soon(TM) $20k USDC borrowed @ clearing rate of 3.5% backed by @LidoFinance wstETH. More supply available @ 3.5% Full details:
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@dionchu
Dion Chu
2 months
Term is paving the way for institutional adoption of DeFi by bringing predictability and stability to DeFi, at scale.
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@dionchu
Dion Chu
1 month
Been practicing
@bangerzNFT
bangerz
1 month
@ all non technical web3 founders: 👏TWITTER👏IS 👏UR👏 #1 PRIORITY👏
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@dionchu
Dion Chu
1 year
PSA - Singapore MRT
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@dionchu
Dion Chu
1 year
Join the Coinshift team and I today as we discuss fixed rate liquidity management in DeFi!
@0xCoinshift
Coinshift
1 year
💣 Bringing Fixed-rate Liquidity to Treasury Management 💣 We're excited to host a Twitter Space with @term_labs ! Join @pray_eth , @qubiton_eth and @Term_labs 's Co-Founders @dionchu & @bwelch13 on Thursday, 27th April, at 4 PM UTC! Set your reminder 👇
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@dionchu
Dion Chu
2 years
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@dionchu
Dion Chu
1 year
Was an honor to speak with @0xCoinshift and their community!
@term_labs
Term Labs
1 year
Listen to @dionchu , CEO and co-founder of @term_labs , discuss Treasury Management and the need to bring Fixed Income onchain with our frens @0xCoinshift .
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@dionchu
Dion Chu
1 month
2/5 Our mission at Term Finance has always been clear: bring much-needed stability to DeFi lending through fixed-rate, fixed-term solutions. Achieving this requires building new primitives that don't yet exist in DeFi.
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@dionchu
Dion Chu
2 years
Join us for Messari's insights on the past, present, and future of NFTs
@nftgoio
NFTGo
2 years
📣 AMA with @MessariCrypto We're very excited to have @0xBaba23 and @kelxyz_ from Messari Research discussing what will drive NFT adoption in the future. 🔔Set a reminder for our upcoming Space! #ETH #NFTGo #NFTCommunity #WAGMI #degen #nft
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@dionchu
Dion Chu
2 years
Which usually means it's not forthcoming. The market assigned some tail risk of a 100bp hike today which is being priced out. Best guess is market will settle in 1600-2000 range for ETH
@bitfloorsghost
bitfloorsghost
2 years
Feels like the entire market is waiting for any semblance of a pullback to go long atm tbh
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@dionchu
Dion Chu
7 months
@phtevenstrong Also known as the budget deficit repayment plan … inflate it away 🪽
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@dionchu
Dion Chu
3 months
BTC up, along with Trump’s odds on predictit…probably not a coincidence 👀
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@dionchu
Dion Chu
2 years
Inflection point has arrived, prepare for the bull
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@dionchu
Dion Chu
1 year
How to earn double digit yield through @term_labs 🧵
@term_labs
Term Labs
1 year
Term’s new wETH / wstETH auction is now closed. 40.851E matched @ 2.43% backed by @LidoFinance wstETH. Subscribe to calendar Newsletter Sign up
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@dionchu
Dion Chu
1 month
@puntium (Unsecured) credit? Dead it. You think a degen paying you back sh* forget it…
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@dionchu
Dion Chu
3 years
@PeterLBrandt I don't think i'd put my son through that for 450k, would you?
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@dionchu
Dion Chu
2 years
Upgradeable NFTs ; a first of its kind.
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@dionchu
Dion Chu
2 months
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@dionchu
Dion Chu
1 month
Why is it always so easy to spot the crypto people at the airport?
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@dionchu
Dion Chu
2 years
Looking forward to speaking with Doctor Bitcoin today on DAOs, NFTs and Social Impact
@nftgoio
NFTGo
2 years
We are excited to announce an AMA with @rizzn (aka Doctor Bitcoin) discussing the intersection between DAOs, NFTs, and Social Impact Set a reminder for our upcoming Space! #NFTGo #crypto #blockchain #NFTCommmunity #bitcoin #ETH #altcoins #WAGMI
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@dionchu
Dion Chu
3 months
Bond King Gundlach of @DLineCap is ditching variable rates for fixed. 👀 How’re you managing your on-chain lending, anon? Time to lock in those rates?
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@DLineCap
DoubleLine Capital
3 months
Jeffrey Gundlach on July 31 Fed Day shares with @ScottWapnerCNBC his outlook for 150 bps of fed funds rate cuts by a year from now, allocating from floating to fixed rate, his expectation of recession and a world on the cusp of major change.
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@dionchu
Dion Chu
2 years
Looking forward to rocking my MB fanny
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@dionchu
Dion Chu
1 year
@DeFi_Dad Articles like this in big media (from June 17, 2023)
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@dionchu
Dion Chu
2 years
@ChazForsman Diamond handed 2 from mint, thought I won the lottery😢
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@dionchu
Dion Chu
2 years
Broader NFT market helping out OthersideMeta
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@dionchu
Dion Chu
1 month
5/5 To our early believers, supporters, and the wider DeFi community: your faith in our vision has brought us here. Stay tuned for updates as we embark on this exciting new chapter. And if you're new to Term, you're still early 👉
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@dionchu
Dion Chu
1 month
3/5 Bootstrapping a new DeFi primitive is incredibly challenging. We're grateful for our existing backers who've gotten us this far. Excited to have a16z CSX join us, bringing their vast network and expertise to help tackle these challenges head-on.
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@dionchu
Dion Chu
7 months
@term_labs fixed-rates mean fixed-rates 👇
@SkyEcosystem
Sky
7 months
An upcoming Executive Vote will introduce a new set of parameters changes across different vault types. Detailed information about these adjustments is provided below: Proposed Parameter Changes: • ETH-A: Decrease the Stability Fee from 15.25% to 13.25% • ETH-B: Decrease
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@dionchu
Dion Chu
2 years
Join us today with Messari to catch emerging trends
@nftgoio
NFTGo
2 years
📣 Join our 2nd AMA with @MessariCrypto We're very excited to have @eshita from Messari Research discussing the opportunities for wearable NFTs in the #metaverse , also why and how luxury brands are entering the space 💎👗👜 🔔Set a reminder below!
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@dionchu
Dion Chu
2 years
Just claimed my airdrop on @blur_io , the NFT marketplace for pro traders backed by Paradigm!
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@dionchu
Dion Chu
3 years
Excited to speak at NFC Lisbon
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@dionchu
Dion Chu
2 years
Crypto Twitter offended that the market is up in the face of "recession"...my only reaction is that Crypto Twitter must be grossly underinvested #staylongandstrong
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@dionchu
Dion Chu
4 months
2/ MUFG - $270mm loss
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@dionchu
Dion Chu
3 years
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@dionchu
Dion Chu
2 years
Excited to be participating via @tender_art , @fx_hash_ if you haven't scoped out the gen art scene on Tezos you're still early!
@Phenomenalabs
phenomena
2 years
'Rococo' will launch this Friday 18:30 UTC / 14:30 EST 🌸🌸🌸🌸 on @fx_hash_ details and @tender_art AL 24h before the drop, see you on mint day 🙌
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@dionchu
Dion Chu
2 years
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@dionchu
Dion Chu
2 years
The next wave of adoption is being built
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@dionchu
Dion Chu
11 months
@0xnerdtard Your parents must be proud
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@dionchu
Dion Chu
2 months
Merci pour ce thread extrêmement bien rédigé et détaillé sur @term_labs ! Une contribution précieuse pour notre écosystème crypto.
@Crypto_Pilote
Crypto Pilote
2 months
🔍 Emprunter au taux que vous voulez c’est le rêve de tout DeFi lover vous me direz ! Et bien c’est maintenant possible grâce à @term_labs , je vous explique ça ! 🧵⬇️
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@dionchu
Dion Chu
2 months
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@dionchu
Dion Chu
1 month
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@dionchu
Dion Chu
1 month
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@dionchu
Dion Chu
1 year
Defi legos
@term_labs
Term Labs
1 year
Excited to announce that you can now borrow and lend against sDAI on Term! #sDAI #MKR
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@dionchu
Dion Chu
1 month
4/5 I'm particularly looking forward to collaborating with industry leaders on crucial aspects like tokenomics and go-to-market. The insights we'll gain from the entire a16z crypto team will complement the expertise of our current advisors and partners.
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@dionchu
Dion Chu
3 years
New wooshi meka companion just joined the fam, shoots green to ward off the enemies! @WooshiWorld #WooshiWorld
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@dionchu
Dion Chu
3 years
Thankful 🙏for the opportunity to meet the NFT community @NFCsummit #NFT #NFCLisbon last week and special shot-out to @MaiaShaun for the amazing video!
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@dionchu
Dion Chu
2 years
Gen Z crypto founders never experienced the GFC first hand, history was doomed to repeat itself
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@dionchu
Dion Chu
3 years
R2D2
@MekaVerse
MekaVerse
3 years
✨🤖 MEKABOTS AIRDROP 🤖✨ We're working hard on the airdrop, and we can't wait to show you more! The MekaBots will be available only to Meka Holders! 🛠️🤍
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@dionchu
Dion Chu
4 months
3/ Credit Suisse - $5.5bn loss "He follows orders to offload Archegos positions slowly to avoid panic in markets...The Swiss bank's $5.5 billion loss eventually contributed to the lender's emergency takeover by UBS."
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@dionchu
Dion Chu
2 years
TL;DR $PUSD is an nft backed stablecoin, artificially inflated to a 7% premium on Curve; bribe hacking CVX/CRV rewards to lure in exit liquidity staking... high apy/yield = crypto crack
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@dionchu
Dion Chu
3 years
all it takes is 1 unicorn!
@young8uddha
8uddha 🍌
3 years
I love seeing my friends win. 🫂 I won’t name names but one of my friends finally went in the green 🟢 on their NFT portfolio after months of red ❌ with @moonbirds_xyz @proof_xyz #moonbirds #NFT 😍🌕🦉
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