{"type":"video","version":"1.0","html":"<iframe src=\"https://www.loom.com/embed/ae657976d2874c5e9b676c9589a71769\" frameborder=\"0\" width=\"1920\" height=\"1440\" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>","height":1440,"width":1920,"provider_name":"Loom","provider_url":"https://www.loom.com","thumbnail_height":1440,"thumbnail_width":1920,"thumbnail_url":"https://cdn.loom.com/sessions/thumbnails/ae657976d2874c5e9b676c9589a71769-1becb1a2f6856253.gif","duration":443.883,"title":"Accountable vault Introduction","description":"This Loom explains the simple thesis behind the K3 Capital vault and why it is designed as a single borrower vault. K3 describes using scalable, proven primitives such as bilateral secured over-the-counter loans and putting them on digital rails, with deposits from individual LPs starting at $50,000. Those deposits are bundled and used to issue credit to Galaxy. The single borrower design is intended to enable faster underwriting and due diligence on one balance sheet, and to avoid risk profile changes like new risk classes introduced later by the curator, K3 Capital."}