Mixing and matching ASSETS and PROTOCOLS to take your liquidity where it will be treated best represents such a massive market that it is difficult to grasp the potential.
1/
It will be particularly beneficial to $CEL token.
@CelsiusNetwork team is not hyping this (conservative on the regulation side), but I see yield paid on $CEL going up in the next few months (along with its demand) as the #CEL treasury is more efficiently deployed.
2/
Hope @Zach_HODL_ON and team are pushing to find added utility for $CEL in addition to being a liquidity generating asset (ie gas requirement?)
3/
One understated use case for institutions could be their ability to hedge a position without having to sell the asset.
Wrap an asset and sell it for stable coins, while generating a yield until the market recovers (w/little transaction cost and no carrying cost)
4/
And how about a future when @CelsiusNetwork adds support for other stable coins in foreign currencies!
Imagine capturing a small portion of the large FX market for hedging/yielding!
(I know…I am getting too far ahead)
5/
Sounds like US citizens might not fully benefit from all the potential, but it will massive everywhere else and will make @CelsiusNetwork more profitable, ultimately benefiting the community in other ways.
6/
She is a 70-yr old Argentinean whose husband recently passed away. Worked all her life to raise 4 kids. Middle class. Her income consists of only a portion of her husband's pension fund that does not keep up with 50%+ inflation.
1/4
She had a small amount of US$ stored under the mattress to protect it from bank/government confiscation (as history taught her). I convinced her family to open a @CelsiusNetwork and deposit 75% USDC/25% CEL token.
2/4
Her USDC now earns ~10% & her CEL will soon earn 6%+. This generates enough yield to double her income & her funds are now protected. Now, waiting for swap function to buy her some #btc 😎
3/4