Hi there! Myaa!
I never get tired of looking for all-new technical ways to implement bStocks on the blockchain.
We have another use case that I really like.
bStock → collateral → stablecoin loan.
If a specific bStock is supported by a lending protocol, you can deposit it as collateral and borrow stablecoins against it.
Instead of selling the share just for liquidity, I can keep the bStock with myself, use it as collateral, and get capital backed by that collateral.
Here, for me, the main power of tokenization shows up.
The share is no longer a regular asset that just sits as dead weight in a portfolio. It can become part of another financial operation within DeFi.
But along with this comes a risk: if the bStock price falls, the value of the collateral decreases and the risk of liquidation increases.
The most interesting part here isn’t the loan itself.
What’s fascinating is that the blockchain adds new ways to use shares without forcing me to sell it first.
#bStocksCIS @BinanceCIS
I never get tired of looking for all-new technical ways to implement bStocks on the blockchain.
We have another use case that I really like.
bStock → collateral → stablecoin loan.
If a specific bStock is supported by a lending protocol, you can deposit it as collateral and borrow stablecoins against it.
Instead of selling the share just for liquidity, I can keep the bStock with myself, use it as collateral, and get capital backed by that collateral.
Here, for me, the main power of tokenization shows up.
The share is no longer a regular asset that just sits as dead weight in a portfolio. It can become part of another financial operation within DeFi.
But along with this comes a risk: if the bStock price falls, the value of the collateral decreases and the risk of liquidation increases.
The most interesting part here isn’t the loan itself.
What’s fascinating is that the blockchain adds new ways to use shares without forcing me to sell it first.
#bStocksCIS @BinanceCIS
