Eniyah

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We’re making so much fucking money…

The primary use cases of layer 1 crypto asset is market making and providing liquidity to decentralized markets, this could be capital for lending, pools for DEXs,establishing trade pairs, or an alternative form of capital to complete payments without having to anticipate with the Fiat terminal of the receiving party Most people don’t know what market making is So when people ask “hey Quincy what can YOU do with your XDC what’s the use case?” I always end up saying it’s the primary form of capital uses to provide liquidity to onchain markets I can be my own little hedge fund and participate in providing liquidity to any market on chain As a market maker in the US using dollars could be difficult and expensive to provide liquidity to other markets outside the US especially if they don’t use dollars in their markets or vise versa it’s hard to engage with markets outside your country if who you’re trading with doesn’t use the same currency as you (this is why world reserve currencies exist, but there’s trust issues with that) But being able to operate on chain and have international markets aggregate to a protocol allows the capital flow to move into those economies, cheap fast easy and liquid, 24/7 - 365