Does Gold Drive STRATO? HardFi Explained
Summary
STRATO addresses whether gold and silver prices directly drive the project. The announcement explains that STRATO and HardFi focus on tokenizing precious metals and moving them on-chain to generate economic activity. While rising gold or silver can boost attention and value, STRATO operates as its own ecosystem where on-chain activity helps burn STRATO and create utility.
Does the gold price drive STRATO?
There's no direct line because STRATO isn't just about tokenizing gold and silver. HardFi is more than that.
HardFi is about taking those old assets, putting them on new rails, and making them accessible and useful for everyone.
＠jeffryrpowell: "With all of the talking that we do about precious metals and the price of gold and silver and GOLDST and SILVST — is that what drives STRATO? Is that what really influences STRATO, or is STRATO its own entity, and the prices of those assets are not of paramount importance?"
＠kjameslubin: "Well, I'm going to say it definitely helps if they're on a run. I believe the company holds some silver, on which I think we have an aggregate cost basis of like thirty, thirty-four bucks.
So that's been good, and all of that. And you definitely get more attention on the assets as they run. But no, there is no direct line between STRATO and gold and silver prices.
The bet sort of is that gold and silver move on-chain, and that generates economic activity, which — just like, in an ETH style — slowly burns STRATO, and so on."
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