Oct 29, 2021
Hi Carrieri, thank you for taking the time to read my post! By creating a synthetic interest-bearing token, meaning the interest is accrued in the value of ibALPACA against ALPACA. With this method, platforms that are building a product around the interest-rate derivative market can use ibALPACA to trade. As the Total Addressable Market is massive, this can help to generate significant demand for ibALPACA and in turn for ALPACA. Hope this clarifies your question.