Add other assets on Money Market - starting with HDX?
Ended 10mos ago
closed
Description

The money market on Interlay is quite under utilised at the moment. Bull market is coming (perhaps) so may be more demand to borrow against assets and leverage up etc.

If there were more assets allowed on there which people could use as collateral then it can grow bring people over to Interlay.

Initially thought should start with the largest market cap projects such as GLMR (and ASTR?) as that might grow TVL fasters but I think money markets exist for those (e.g. Moonwell etc) and they also have decent yields so maybe no one wants to lend?

I want to start with HydraDX given they are focused on Defi and the Interlay x Hydra founders are working together on Polkadot Defi unit.

Not sure how this plays in to Hydra who will likely have a money market also in future and also understand that the hub on interlay was to focus on BTC/Stables etc so please discuss.

Optionssingle

Votes·2

No current votes

Discussions·0

No current comments
Information
Snapshot
Assets(1)
INTR
x1
Timestamp
Created
Dec 30 2023 13:19
Start date
Dec 30 2023 00:00
End date
Jan 01 2024 00:00
Results
Voted
425.33K INTR
Voters
2
balance-of
Add HDX to interlay money market
425.33K INTR
 
Add other asset instead
0 INTR
 
Do not add other assets yet
0 INTR
 
quadratic-balance-of
Add HDX to interlay money market
723.91 INTR
 
Add other asset instead
0 INTR
 
Do not add other assets yet
0 INTR
 
© 2024 OpenSquare. All Rights Reserved.