MakerDAO should be the most respected crypto project because of their developed "access economy"

No, it isn't about being decentralized, shit I don't think they are, but if it turns out to be decentralized, then that's a bonus.

In my last couple of posts, I've talked about cryptocurrencies being an "asset" as opposed to fiat being a "liability". There's something else I randomly threw in, in one of those posts where I said that projects developing secondary income structures are bound to experience massive growth and by this, I was referring to exactly this that the MakerDAO ecosystem is currently indulging in.

Building an "Access Economy"

What do I mean by an access economy? I believe some of us here on leofinance have talked a little about "access tokens", so quite simply, an economy powered by an access token is an access economy, but what is it all about?

Let's start with Hive, what do you get for holding Hive liquid? That's right, you get nothing! But what if you staked Hive? Yeah, that's when you begin to earn, you get more resource credits of which you can decide to monetize, your Hive regenerates more Hive at an Apr 2.92% and also, you get a share of the Hive inflation by curating contents. Now, quite basically, Hive seems like an access token, fact it, it may not be currently based on the details above, but considering that it's a native asset of a blockchain, it most likely becomes an access token as more projects are built on the network and Hive earns more utility within that ecosystem, similar to how HBD will be in the upcoming Ragnarok game.

But if we're to call Hive an access token, then all Hive engine tokens are also access tokens because they mostly regenerate income, but the only problem here is that the income is regenerate as the "token" itself, so if inflation is the income, that's just not a powerful structure, thus the reason why we're discussing MakerDAO today.

MakerDAO has made a couple of investments that feed back into their economy, this allows their native assets to tap into a wide range of revenue streams. MakerDAO currently holds the United States treasury bonds worth about $1.25 billion as an investment aimed at diversifying the DAI's collateral exposure and obviously making the ecosystem money. At the bare minimum, this exposure should be regenerating at 3-5% a year, so we're looking at $37 million - $62.4 million yearly but of course, I may be wrong and it may be higher or lower.

These investments have been voted into functionality by the MakerDAO community as a way to expand off the chain to mitigate the risk of the volatile nature of cryptocurrencies affecting their economic activities. This is frankly what many projects should be doing, the concept of making money from "inflation" simply suggests they'll always be demand for a token for enough people to be able to dump and that is frankly not true.

Thankfully, here at leofinance things are beginning to change and it will be a whole different feel here very soon. The expansion that is soon to take place will put Leo in a position of an access token, powering an expansive access economy. Leo would not only have inflation income, but also revenue streams not tied to inflation, so probably Leo can flip and become deflationary?

Posted Using LeoFinance ^Beta