Market expert Nate Geraci has suggested that Wall Street’s demand for XRP will be huge when the ETFs launch, making the XRP ETFs a success like the Bitcoin ETFs. These Wall Street investors have so far found alternative ways to gain XRP exposure, similar to their approach before the Bitcoin ETFs were launched, primarily through the futures market.
Amidst this comparison between Wall Street’s demand for XRP and Bitcoin, Paydax Protocol (PDP) has introduced a new approach that enables Wall Street investors to put their assets to work and unlock new liquidity. Now, these Wall Street investors can hold onto their Bitcoin or XRP and borrow as much as possible using these assets.
The Problem Which The New Approach Solves
Previously, Wall Street and retail investors were limited to the types of assets they could use as collateral for loans, both on traditional and decentralized finance platforms. Now, Paydax Protocol (PDP) is introducing a newer and unique model that unlocks more liquidity from even illiquid assets. The platform offers crypto and real-world asset (RWA) borrowing, enabling Wall Street investors to use their tokenized Bitcoin and XRP ETFs as collateral.
Paydax Protocol stands out:
- For its competitive interest rate of between 5% and 7%.
- Fixed fee structure.
- Offering a loan-to-value (LTV) ratio of 97% on both crypto and RWA borrowing.
- Up to 15.2% annual percentage yield (APY) on Peer-to-Peer (P2P) lending.
- Overcollateralized loans.
- Support for over 15 major crypto assets, including Bitcoin and XRP.
- A stability pool to protect the ecosystem from bad debts.
Banking, Insurance, and Tokenization In One Place
Paydax Protocol (PDP), utilizing its PDP token, is offering the first fully on-chain financial system centered around banking, insurance, and tokenization. With the PDP token, users enjoy:
- Unmatchable yields of up to 41.25% through leveraged yield farming, offering a better option than bank deposits.
- Yield of up to 20% for stakers that act as insurance providers through the Redemption Pool.
- Ability for Wall Street investors to tokenize RWAs like the Bitcoin and XRP ETFs and use them as collateral.
- Yields of up to 6% through DeFi vaults and protocol staking.
How The PDP Token Ensures Capital Efficiency
With the Paydax Protocol (PDP) and its PDP token, Wall Street and retail investors have the opportunity to hold onto their long-term assets while unlocking additional capital to participate in the decentralized finance (DeFi) ecosystem. PDP token holders enjoy loan discounts, ensuring they receive the best possible rates and maximize capital efficiency.
PDP token holders also gain governance rights and are eligible for revenue sharing on the platform. Paydax Protocol boasts a sustainable revenue model based on loan origination fees, interest spread on loans, liquidation penalties, and trading fees. This ensures that token holders get maximum benefits for being active participants in the ecosystem.
Working With The Biggest Names Out There
Wall Street and retail investors have been known to be skeptical about DeFi platforms, especially with their unfamiliar partners. However, this changes with the Paydax Protocol (PDP), which collaborates with the biggest names in the industry, including Sotheby’s and Brinks custody.
- Brinks, the global leader in custody solutions, helps secure real-world assets, including cash, gold, and luxury items.
- Sotheby’s authenticates the assets before they are tokenized and used as collateral.
- Onfido prevents fraud and helps keep the ecosystem compliant by ensuring that borrowers undergo adequate KYC checks.
- Chainlink provides secure oracle feeds for real-time crypto pricing and asset valuation.
An Opportunity That Cannot Be Overlooked
The PDP token is currently priced at just $0.015 in its presale, which represents the lowest entry price for the token. With the massive offerings in the Paydax Protocol ecosystem, the token is projected to have significant upside, particularly as tokenization is poised to become a trillion-dollar industry. This explains why Wall Street and retail investors are buying millions of PDP tokens just before its price increases in the next presale stage.
PDP undoubtedly has the potential to grow astronomically, just like Bitcoin and XRP did, and with a more profound use case. Notably, market participants can use the promo code ‘PD80BONUS’ to get an additional 80% tokens. A bet on Paydax is a bet on the future of banking, insurance, and tokenization all in one.
Join the Paydax Protocol (PDP) presale and community:
Website: https://pdprotocol.com/
Telegram: https://t.me/PaydaxCommunity
X (Twitter): https://x.com/Paydaxofficial
Whitepaper: https://paydax.gitbook.io/paydax-whitepaper
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