Thank you for this very detailed post, it is so long, I think I will have to read it a couple of times to get a detailed picture ![]()
Lending Out Liquidity (Liquidity as a Service)
I really like this idea, liquidity is one of the biggest issues in the Cosmos defi ecosystem right now. It would be great if we pair ATOM with stables, BTC, other L1s and diversify the treasury. IF we want IBC to become the bridging standard for the blockchain ecosystem, we might want to think about building up a stake in other ecosystems.
As someone who is a defi degen since 2020 I saw and experienced a lot of hacks (especially in the ETH ecosystem), my question is how do we mitigate potential exploit risks? There is always a risk in Defi and if a pool gets exploited, we can lose the entire amount and get additional sell pressure.
So if we want to use this service, we need to implement additional security measures. Unfortunately I am not too familiar with the technical details, but in an ideal world it should only be possible to move the funds back to the specific hub address. To give you an analogy: If you are in a car chase and try to flee from the police, the only road which is not blocked, should be the road to the police station.
Active Portfolio Management
I am not a fan of active portfolio management. The insanity in the crypto space is limitless, we can reach absolutely insane prices. There is the risk that we cut our winners way too early and we put a resistance barrier on the token prices. On the other hand it makes sense to prepare for bear markets, so we should rather sell tokens at high prices for stablecoins.
So maybe we should just increase the percentages of Noble (USDC) during the bull market and increase the position of the other tokens during the bear. It should be much easier to plan future investments, the run rate etc. if you own a stablecoin stack