PURPLE BONDS
This idea describes a path forward for Purple to become a first “nounish” DAO to issue it’s stablecoin denominated “Treasury Bonds” to the community. Think RWA are cool? I say BWA (“builder world assets”) are way cooler! :D How does it work?Purple deploys the BORROWING POOL and defines interest rate curve. [PROP NEEDED]Lenders deposit into the pool.Purple decides to borrow from the POOL [PROP NEEDED]. Only after this action interest start to accrue.Interests accrue to all LP token holders ($P...
PURPLE BONDS
This idea describes a path forward for Purple to become a first “nounish” DAO to issue it’s stablecoin denominated “Treasury Bonds” to the community. Think RWA are cool? I say BWA (“builder world assets”) are way cooler! :D How does it work?Purple deploys the BORROWING POOL and defines interest rate curve. [PROP NEEDED]Lenders deposit into the pool.Purple decides to borrow from the POOL [PROP NEEDED]. Only after this action interest start to accrue.Interests accrue to all LP token holders ($P...
