DePIN plus DeFi creates new financial assets to fund home compute
Interview With Greg Osuri, Founder Of Akash Network (Secret Network)
“We’re doing DeFi rails… we can decouple the ownership of the asset from the earnings… sell the ownership of the asset to someone that wants depreciation… crypto has got incredible primitives — the DePIN primitive and DeFi primitive, when you bring them together you can create amazing financial assets… you can purchase an asset that will give you like 15% return.” — 00:26:40
Context: Financing structure for superclusters (CDO-like tranching of GPU earnings and depreciation); also partnering with an unnamed big bank that likes GPUs as liquid collateral.