🟣 on Nostr: I agree that it is important to understand where yields comes from. But if one holds ...
I agree that it is important to understand where yields comes from. But if one holds a stable USD balance, I believe it possible for it to accrue interest/yield from the counter party on the other side with a bitcoin balance. I'd prefer an eventual mechanism like discreet log contracts (#DLC) or some derivative contract that is not dependent on a company like Tether. I'm hopeful for work that organizations like #10101 (10101.finance) are doing.
Published at
2024-01-09 18:21:56Event JSON
{
"id": "58b832cea908a6954ab056d9c933ff85054fabae7237bac01001d2e85663a8be",
"pubkey": "6bc8867d04bd3f18afa3abdc7e18deeb884f9fbd08c46fcd9a39dcaeabdde269",
"created_at": 1704824516,
"kind": 1,
"tags": [
[
"e",
"4738fe887c637c21ead7facdc4834fcd45922111401cadfd3008bfd6623a7582"
],
[
"p",
"6c0e9016b9c1efe7edef87e505e2a1e03db1fbbcfdc3ed6b4f8aaa4b540ad98f"
],
[
"t",
"dlc"
],
[
"t",
"10101"
]
],
"content": "I agree that it is important to understand where yields comes from. But if one holds a stable USD balance, I believe it possible for it to accrue interest/yield from the counter party on the other side with a bitcoin balance. I'd prefer an eventual mechanism like discreet log contracts (#DLC) or some derivative contract that is not dependent on a company like Tether. I'm hopeful for work that organizations like #10101 (10101.finance) are doing.",
"sig": "4026f06c6395184f00bd0eb6dea5a170ca37ca5411d3899c4650d02be6da256d741276e8664aedb8c5cc6efd179e6bcf4038a7d87097ba5e40097ec0946f74f4"
}