Simon Schaber holds the position of Chief Business Development Officer at Spool. He has followed the Crypto economy's development since the rise of Bitcoin began in 2009. He opened up the world of digital assets to prominent Family Offices, VC fund managers, Corporate Banks, and key decision-makers of the world's largest corporations since the advent of Ethereum in 2014. Having founded and built multiple million-dollar businesses from the ground up he remains a realist regardless of market conditions.
Central bank action is a major influence affecting overall liquidity across all these markets, according to Simon Schaber, Spool DAO’s chief business development officer.
Companies like Spool, for example, already create comprehensive DeFi tools for individual and institutional investors to build risk-assessed, diversified portfolios for DeFi returns easily.
In addition, the Spool DAO maintains a risk matrix that facilitates the application of risk models to its platform. Users can also develop and recommend their own risk models.
Central bank action is a major influence affecting overall liquidity across all these markets, according to Simon Schaber, Spool DAO’s chief business development officer.
“If liquidity is rising, as we saw under heavy quantitative easing in the recent past, then it lifts asset classes up like the incoming tide lifts a ship in a harbor. The most exposed asset classes get lifted the highest and the fastest,” he told Blockworks.
“A perfect world would eliminate the need for these easily exploitable centralized data silos.
Self-Sovereign-Identity solutions [like Polygon ID’s] is the future of web3 and digital business alike,” Simon Schaber, chief business development officer at DeFi protocol Spool, told this publication.
That [Hindenburg] did not uncover FTX’s greed prior to its bankruptcy cannot be held against the firm. FTX blindsided everyone, even the top security platforms that are dedicated to the nascent industry,” Simon Schaber, Spool DAO’s chief business development officer.
“In reality, the crypto ecosystem operates in a way that may be alien to most investigators, and unless there is a direct whistleblower who shares insights into a firm’s operational inconsistencies, companies like Hindenburg Research will have little or nothing to work with.”