Thread by @EdgeProtocol

Edge Protocol — Introducing Protocol-Owned Money Market

link.medium.com/0sjrvGEdblb

1/ In our previous introductory article, we presented an overview of Edge’s three cornerstone products:
1. Customizable pool creation
2. Edge Marketplace
3. Stability Reserve

Which you can find in the link below
link.medium.com/CnGfcSoeblb

2/ Today, we’re excited to announce the first phase of our ‘customizable pool creation’ feature, along with the transformative use cases and benefits that it’ll bring.

"Protocol-Owned Money Market"

3/ Edge Protocol’s customizable pool enables any protocols to create and control their own isolated market. This provides a number of advantages to both the protocol themselves and the wider communities.

4/ First, Maximize Token Utility.

With protocol-owned money markets enabled by Edge Protocol, any protocol can now make their tokens able to be lent, borrowed, and collateralized, extending their utilities for users.

5/ Imagine the possibilities if
@mirror_protocol's mAssets
@nebula_protocol's Cluster tokens
@prism_protocol's $yLUNA and $pLUNA

can be used as collateral, for instances

6/ Second one is the new revenue stream for protocols.

By creating their own Edge pool, protocols can utilize their assets as a new use case for their business, generating a revenue stream for them while benefiting the whole community and users as follows:

7/ - Protocols can earn fees from their own money markets.
- Treasury management, be able to utilize assets in the treasury without need to sell.
- In-house operation, can use Edge as an infrastructure to develop products on top.
And many more.

8/ For instance, DAOs like @ApolloDAO can utilize the $APOLLO treasury for internal use without selling it.

9/ Having protocol-owned money market can benefits protocols in a way that typical money market can't.

10/ Protocol-owned money will not only benefit protocols but also retail users as the community.

Besides facilitating pool creation, Edge Protocol emphasizes on being a “marketplace” that allows any users to come and select a lending market they prefer.

11/ Most importantly, Edge Protocol's pool creation is not meant to be exclusively for protocols and businesses.

It is designed for everyone.

12/ With the ultimate goal of being 'permissionless pool creation platform', we have broken down our operations on pool creation into 3 phases:

1st phase — protocol-owned money market
2nd phase — community-owned money market
3rd phase — "be your own bank"

We are in the momentous transition, from the market that directed by a certain group of authorities to the community-owned.

The $EDGE of the people is inevitable. Stay tuned, $LUNA-tics!