US housing credit is coming onchain, and i wanted to understand how it works. @NUVAFinance has introduced HOME, a vault on Ethereum backed by a managed portfolio of US residential housing loans. the idea is simple. Homeowners borrow against the value of their homes and pay interest on those loans. HOME gives eligible users exposure to this credit market through a crypto vault. you don’t need to buy a house or manage loans yourself. you deposit USDC and receive nvHOME, a token representing your share of the vault. Here’s how it works 🧵
Jude 🃟Share
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