Opinion: DeFi Can Unlock the Yield Potential of Real-World Assets Like Gold
According to Cointelegraph, RAAC founder Kevin Rusher analyzed that although gold has long been considered a safe-haven asset, its traditional investment methods lack profitability. Through DeFi protocols, real-world assets (RWA) like gold can be tokenized and participate in yield strategies such as lending and staking to enhance their capital efficiency. For example, gold mining companies can issue tokens linked to their reserves, which can be converted into stablecoins and participate in yield activities within the DeFi ecosystem. Kevin Rusher believes that blockchain technology also provides gold investors with the ability to trade 24/7, real-time price discovery, and rapid settlement, enhancing the liquidity and flexibility of the asset. DeFi is expected to combine the stability of gold with the profitability of digital finance, bridging the gap between traditional finance and digital assets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Whale Owen Gunden deposits 700 BTC to an exchange again
Bitcoin briefly surpassed $107,000 before falling back below $105,000
Bitget On-chain US Stocks launches the first zero-fee trading competition with a total prize pool of 20,000 BGB
