Hi Khal,
I would like to take you up onyourofferto spitball a business idea.
I am considering a new project:
Goal is to provide investment opportunity on DeFi but allow people to keep control of their assets with their private key.
The investor would buy a token for one hbd.
This HBD would be bridged to a DeFi platform and invested.
All earnings would be reinvested in the pool, so each month the value of each token which is backed by the value of the pool would grow.
The token would be for sale on Hive-Engine or comparable DEX.
The token minter would sell all original tokens for one HBD.
After the first month I would now offer to buy back these tokens at their new value based on all Pool earnings being reinvested, example 1.1 HBD. I would essentially create a buy wall at 1.1 HBD so any investor who wants to cash out would be able to at their discretion.
Then each month the pool earnings would be reinvested in the pool, growing the value of the pool token to 1.2 HBD, 1.3 HBD, and so on each month. And each month investors could hodl or cash out without my permission.
The pool wallet address would be published each month so investors can confirm the backing for the new token is there and they can sell anytime they want.
The pool would be a stablecoin pool to protect the value of the investment capitol against market volatility and impermanent loss.
That is my brief project summary, and I am curious what you think are the good points and what you think are the bad points of this project.
Thank you.