Beginning in October 2020, Bitcoin has started an upward trend that has amazed global investors, and the price is only the external manifestation of Bitcoin. From a certain point of view, Bitcoin is no longer what it used to be.
In the context of the global release of water, the nature of Bitcoin has also changed. Well-known Wall Street fund institutions have blessed it, listed companies have added it to their balance sheets, and top KOLs have called for orders, allowing Bitcoin to enjoy a new round of demographic dividends again. From geeks The niche support tool has evolved into the asset allocation of top Wall Street institutions.
Even so, the value of Bitcoin has always been a matter of discussion.
There are still many people who hold opposing views on Bitcoin. They believe that Bitcoin is useless, and that violent fluctuations cannot make Bitcoin complete its original intention of "peer-to-peer payment electronic cash". The cryptocurrency industry it leads cannot attract mainstream funds.
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assets are currency
People have always accepted the legal currency standard to think about problems, or can only think from the legal currency standard, but examples like Venezuela have forced locals to find new value stores, such as the US dollar and cryptocurrencies have become the most urgent needs of local people.
Looking back at 2020, when the United States decided to launch an unprecedented release of water, all assets priced in U.S. dollars, such as stocks and commodities, began to rise. Nasdaq, represented by technology stocks, is the most obvious. In Q2 of 2020, the chip leader TSMC rose from 300 Taiwan dollars to 430 Taiwan dollars, the new energy leader Tesla rose from 700 US dollars to a maximum of 1,900 US dollars, and the space travel leader Virgin Galactic It has risen from $15 to $27, and Beyond Meat, the artificial meat leader, has risen from $90 to a maximum of $160. People's demand for technology assets has far exceeded expectations.
And when Bitcoin was also recognized as a major commodity, it also became a mainstream technology asset. In the secondary market, the trading volume of GBTC on Nasdaq is 400 million US dollars in a single day. In contrast, the demand for other technological assets and commodities in the cryptocurrency industry is also very obvious. The world’s largest cryptocurrency trading platform, Binance, launched Tesla’s equity tokens on the first day, and the trading volume of Tesla’s equity tokens exceeded 10 million U.S. dollars. DeFi protocols also appeared in agreements focusing on synthetic U.S. stocks and commodity assets.
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Structure Financial
Structure Financial aims to be a zero-commission, transparent, 7x24-hour investment platform, and the currency used for transactions is cryptocurrency. In other words, what Strucure is going to do is the Robinhood version of encrypted assets.
Invest in encrypted assets
On the Structure platform, all investments are made in cryptocurrencies. The assets on the platform are tokenized assets, including tokenized stocks, options, ETFs, etc.
Closed trading
Following the rules of the cryptocurrency market, within the Structure platform, all asset transactions are 7x24 hours. At present, except for the cryptocurrency market, all secondary markets have closed hours. On the Structure platform, the trading hours of traditional financial assets including U.S. stocks are not closed, and investors can still trade during the traditional market closed period.
asset swap
In the Structure platform, when paying and receiving any asset, you can use the asset that the investor prefers to pay or receive.
When investors want to buy Tesla equity tokens, they don't necessarily have to use USDT to buy them, but can also use other equity tokens, such as Apple equity tokens.
Similarly, when a Tesla equity token asset is received in the investor's account, the investor can convert it into a preferred asset, such as Dogecoin.
STXR Economic Model
In the Structure network, STXR is a token that circulates on the chain and has a governance function. Under the network rules, "farmers" who contribute to the ecology can get STXR rewards.
For example, users who actively trade, actively market-making to provide asset price discovery, users who pledge STXR to maintain network security, etc., can all be rewarded.
At the same time, just as the Bitcoin network has a mining difficulty adjustment every 2016 blocks, the Structure network will also make a corresponding "minting rate" adjustment, the main purpose of which is to maintain the exchange rate between STXR and the US dollar.
Investors can also directly purchase "Farm Shares" in the Structure ecology. The share represents the STXR income contributed by users in the future, and this income will be transferred to the ecological treasury. In other words, this is also an ecological financing method.
Under the macro background of global flooding, investors in the currency circle need not only encrypted assets, but global assets such as stocks and commodities are high-quality investment targets. From the perspective of platform development, it is an irreversible trend for global assets to be traded on a single platform.
FTX and Binance followed the trend and launched equity tokens, and the DeFi protocol Mirror Protocol also invested in the field of equity tokens. While the equity token field is booming, the development of projects in the DeFi field is being subdivided, such as fixed-rate fixed-term lending, large-amount stable currency swaps and other subdivided fields.
In the general environment of "everything can be tokenized", the new financial market built through DeFi may fundamentally adjust the incentive scheme and change our existing way of life.
Perhaps Structure Financial is trying to provide us with such a platform.
