Prometheus Research Labs careers

Prometheus Research Labs (PRL) is the team building Buttonwood Bonds, an on-chain market for long-term debt. We’re the first team to build a liquidation-free debt market, unlocking safe DeFi borrowing for the vast majority of users.
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Money markets have three core components—short-term debt (demand-deposit markets), exchanges, and long-term debt (bonds). DeFi today has exchanges and short-term lending with scale, as evidenced by the size of Uniswap, Compound, and Aave. But long-term lending is still missing.

Long-term debt is non-callable debt. This means freedom from margin calls and liquidations. For example, a drop in the value of your home does not trigger the liquidation of your house—rather, only multiple missed payments can bring the house into foreclosure. In contrast, short-term debt can lead to liquidations during times of high volatility.