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Rick Bakas
@RickBakas
The CMO who speaks engineer | ex-Nike | Exited fintech cofounder | Built AI marketing in 2017 | RWA operator since 2021 | @RobinhoodCrypto research nfa dyor
7.2K Following    54K Followers
Best play on @RobinhoodCrypto Deposit your $PONS into the @longbowlend lending protocol. Borrow USDG and use borrowed USDG to earn more yield anywhere on RH (or even outside of RH) When ready go back to @longbowlend and pay back your original USDG and get your $PONS returned to your wallet. Because the entire RH eco is experiencing an inflow of capital at this time it’s “easier” to use that borrowed USDG to make more money before paying it back. But that can change if liquidity inflows dry up. If everything goes well your $PONS may go up while loaned AND you’ll double dip by making more returns on the USDG. As always dyor
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WHAT'S SO GREAT ABOUT TOKENIZED ASSETS? the old way was you'd own a stock (like $NVDA) and hold it until hopefully one day you can sell for a profit between the hours of 8 and 5. Maybe you hold it a month, maybe a year. But the stock just sits in your account doing nothing. NOW, imagine owning that same stock but you can buy or sell 24/7 but more importantly, while you own it you can deposit into a lending protocol like $BOW and earn interest on it daily. It's like putting your stock in an interest bearing bank account. You earn daily interest AND you can sell it for a profit (hopefully one day). I'm not a math whiz but I think that's better b/c you make more money owning the same stock. That's the promise of tokenized assets. @longbowlend will be a major player b/c @RobinhoodCrypto will be a major player in tokenized assets. They already have a huge customer base. DYOR
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Calling it "the Aave of Robinhood" is a good place to start, but Longbow is already so much more.