We are live with today's spaces to talk about capitalizing on season 3
https://x.com/i/broadcasts/1aJbddzoVEvKX

STRATO | DeFi Powered by Precious Metals | HardFi

STRATO What to Expect for Season 3

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The tragedy of gold is that it's the most trusted asset and also one of the most inconvenient and least productive.

This is the problem STRATO is built around. Tokenized gold gives users direct access and ownership and allows them to:

Buy and sell gold in a click
Convert to USDST for easy spending
Borrow against gold to make it productive

Own gold that is easy to use on https://t.co/sxsrZTh4lW.

"So if you think about the amount of above-ground gold in the world, it's about thirty trillion [dollars]. It's less the case in the West, but it's the default savings asset for much of the planet — most of the planet, maybe half. And so people have a lot of it.

But the problem with it is it's often like a mattress asset: it's not providing you any real financial inclusion unless you're capable of navigating pretty big institutions who will give you decent to good terms on it — maybe if you want to borrow or trade it and so on. But your average mattress gold holder — it's just sitting there.

It's not doing anything for you from a productivity perspective. So we think it's [STRATO] like a really big unlock."

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If you participated in the Community ICO and earned $STRATO, you can earn more via staking. Right now, staking is the only activity that earns native STRATO.

This demo is the full path from "I bought in the auction" to "my tokens are working": bridge, delegate, earn.

Make your $STRATO earn its keep:
https://t.co/fBxEDedkSD

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Gold is the perfect RWA to tokenize, but hardly anyone is making it composable - the main benefit of tokenization - except STRATO.

As ＠a16z says:

"Precious metals have similarly low utilization rates [in DeFi protocols]. These assets are mostly held onchain rather than used as composable financial building blocks that can extend upon, remix, or interoperate with each other."

"Gold is a natural fit for tokenization: It’s globally standardized, easy to store, unperishable, and already commonly traded through paper claims."

The markets are waking up to the potential of tokenized gold. STRATO was the first:
https://t.co/f5XxcJKTiF
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In June, China's gold exchange paused paper gold trading.

Paper can get paused, but gold can't because paper gold is just a promise layered over metal you'll never see.

But what about tokenized gold? On a permissionless network like STRATO, it can't be shut off, transactions settle on the network, you have direct ownership, you can redeem $GOLDST for physical gold, and you can borrow against it.

Paper gold doesn't do that.

"The China gold exchange temporarily paused paper trading in June, because they saw internally it got too volatile. So that might be kind of depressing prices, or holding prices a bit, because people can't trade in and out as fast — at least within China.

So that might be one element that's, depending on your view, keeping prices stable or keeping prices down — like historically, stable and up; maybe for the last three months, slightly down.

So I think that's sort of the view I have on it. And banks still seem to be accumulating gold. I think a lot of things are happening where people are kind of just looking for alternatives to the US dollar in general."

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"I try to be zen about prices. Things go up, they go down. I try to let it wash over me like a great wave."

In light of days like today, it's good to remember calm is a strategy. And it's easy to be calm when your foundation is built on hard assets like gold and silver.

As ＠kjameslubin says:

"Yeah, I mean, you never know with these things. I try to be zen about prices. Things go up, they go down. I try to let it wash over me like a great wave. We've definitely, in the middle of our auction, we saw, I think, the recent bottom for ETH at like fifteen fifty or thereabouts, back up to eighteen hundred — a little bit of a rally. So why not? Things are good on that front."

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"It may look like your grandpa's Fidelity account [for now], but they're moving pretty fast."

Tokenization is already happening, according to ＠ethereumJoseph, even if many people don't recognize it.

Tokenized assets settle in minutes, any hour, any day. Markets that close on Friday afternoon become markets that never close, and assets stuck in separate silos — your stocks here, your bonds there, your gold in a vault somewhere — become one consolidated market where everything trades side by side.

Tokenization is inevitable. And accelerating.

"And so, yes, it may look like your grandpa's Fidelity account, but they're moving pretty fast. And so you're going to be in a world in which markets are going to be consolidated, so that you will be able to trade equities and bonds and other kinds of instruments — all tokenized."

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