I had an idea and asked @grok to make it CardFi Lock up BTC, ETH, USDC, etc., get loans, and top up your card! (Loan card top-up condition) Project token rewards💰 with interest LTV varies depending on the lock-up period, loan interest is repaid as collateral. Increase card use and increase📈 token value How about this DeFi + card system? (Thread👇)
CardFi Details⃣1️ LTV (loan-to-collateral ratio) varies depending on the lock-up period! • 3 months: 50% (USDC $10K → loan $5K) • 6 months: 65% ($6.5K) • 12 months: 80% ($8K, USDC priority) Risk with stablecoins↓ What is it like?
CardFi Details⃣2️ Project token rewards with loan interest! 💸 • $1K~$5K (3 months): 5% per annum (125 tokens) • $5K~$20K (6 months): 8% per annum (400 tokens) • $20K↑ (12 months): 12% per annum (1,200 tokens) Bonus if you repay on time! 😉 Attractive?
CardFi Details⃣3️ Lock-up → loan→ card top-up→payment→token reward→reinvestment! 📈 If you use the card, you can get a discount + points and token rewards to induce reinvestment. Ecosystem asset circulation and value UP! Wouldn't it be great to put such a system in a specific project? Please comment! 🙌 ha ha ha ha ha ha ha ha ha ha ha ha ha ha I struggled, so
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