Last updated 3 years ago
How do we get DeFi to take off on ADA as the current barrier to entry on Ethereum is very high
1. Staked funds can be loaned and borrowed against in ADA.
Many of us want to stake ADA, but we want to pay off our loans. Lets do both.
This is the total amount allocated to Fund the masses.
1. Staked funds can be loaned and borrowed against in ADA.
Many of us want to stake ADA, but we want to pay off our loans. Lets do both.
I am a physician that works in cancer imaging and therapy, so I have a lot of loans in education and I have a mortgage.
I have staked ADA.
Creation of 2 separate super funds that are matched with ADA
EDUCATION
HOUSING
BUDGET
80000
A. Marketer 30K Yearly salary
1. To approach onboarding with other digital currencies and protocols to be utilized as staked tokens towards a combined superfund rewarded in ADA once ADA is staked.
2. To approach current lenders for people wanting to place staked funds into their super fund on how to retain the business of the original customer.
a. They can re-negotiate rates with the lender with a smart contract and actually still have the lender hold the loan, if the lender buys and stakes ADA! Woot!
3. Creation of Social Media Videos that explain the reasons to want to stake your ADA towards these two major programs for people across the world.
BB. Programmer 30K Yearly salary
1. To manage a webserver that can be universally translated in all countries
a. The server essentially will allow creation of smart contacts in the backend that will take the loans that person currently has and request a certain amount to be deposited (Truly Staked- Not able to be minted again by a CVersion or wrapped version of the Token) and is locked away forever, consider it a Buy-In. This Buy-in Will be locked until at a certain time point (my guess is 1-3 years at this rate) most people's loans will be payed off and then you will earn interest for life, depending on how much or what you staked initially. Think about funding your retirement now that pays off your house and student loans.
2. Manage emails, downtimes, physical server backups.
C- Spending budget for marketing and software licenses, server space, backups, Zoom meeting. Tracked clearly and openly available for review. 20K yearly
Goals:
3 Months: Hired 2 team members for the US and Europe as initial starting points
6 Months: Have a collaborative plan to approach the major lenders and how to market to the masses to Stake their Funds.
12 Months: Have a website, have 1,000,000 ADA staked funds, a few loans payed off, and a few loans loaned out for education or housing utilizing staked ADA.
I am a physician that works in cancer imaging and therapy, so I have a lot of loans in education and I have a mortgage.
I have staked ADA.