Using USDN yield to purchase ATOM

Conversation
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What do people think of this idea? Are people working on it? Are there reasons it would not work?

My thoughts are the following: Deploy a smart contract / Vault on the Cosmos Hub that allows users to deposit USDN. Periodically yield generated from USDN would automatically purchase ATOM on astroport or osmosis or other Cosmos aligned chain. This would generate additional ATOM rewards for ATOM holders and provide much needed buy pressure for the ATOM token.

Seems like a win win.

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This idea is great!
Where are our marketing officers?

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Who owns the purchased ATOM? The users who deposited USDN?

What you’re describing is a DCA using the USDN yield?

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Since Noble hasn’t activated Interchain Accounts on their chain, it seems that a non-custodial solution isn’t possible at the moment!

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