Cardano founder Charles Hoskinson declared that privacy-focused blockchains, rather than Ethereum killers, will thrive in the altcoin season. The Cardano founder’s statement comes as privacy coins like Zcash record massive gains while Ethereum killers trade sideways. The Cardano founder noted that while Ethereum killers were the major focus in the last cycle, the current focus is on privacy as real-world assets move on-chain.
The Cardano founder also alluded to real-world assets (RWAs) and mentioned a $10 trillion payoff if privacy chains help merge DeFi and TradFi. This is where a project like Paydax Protocol (PDP) stands to benefit, as it serves as an on-ramp to bring RWAs on-chain.
The Paydax Protocol (PDP) is redefining decentralized finance (DeFi) lending by bringing RWAs on-chain to serve as collateral. By tokenizing these assets and enabling them to serve as collateral, Paydax is set to unlock trillions of dollars in fresh liquidity even as the Cardano founder predicts that RWAs on-chain will lead to a $10 trillion payoff.
The Paydax Protocol (PDP) makes the RWA lending process very straightforward and accessible. The platform has partnered with Sotheby’s, which helps value these assets while Brinks custodies them, while they serve as collateral on-chain through Paydax’s tokenization process.
Paydax Protocol (PDP) goes further to unite these RWAs with crypto assets by offering both RWA and crypto lending on the same platform. In addition to supporting RWAs as collateral for peer-to-peer (P2P) lending, the platform also supports the following assets as collateral:
With Paydax Protocol (PDP) combining RWAs and crypto for DeFi lending, the platform is well-positioned to benefit from the $10 trillion payoff predicted by the Cardano founder. This means that a majority of these trillions of dollars could flow into the platform’s PDP token, which explains why smart money is currently investing in the token’s ongoing presale.
Smart money has already bought over 80 million PDP tokens, which are currently selling for $0.015 per token. With tokenization one of the major narratives alongside privacy chains like the Cardano founder mentioned, there is a significant upside potential for the PDP token, with Paydax leading the tokenization revolution.
It is worth noting that privacy coins like Zcash have topped Ethereum killers, recording massive gains in the last few months. As such, coins like PDP could also record an enormous rally, enjoying gains similar to those of privacy coins currently dominating over Ethereum killers.
👉 Join the Paydax presale today to position yourself for the tokenization wave
The Paydax Protocol (PDP) is making DeFi borrowing more appealing thanks to features and enhanced security on the platform.
Paydax Protocol (PDP) is also bridging the insurance industry on-chain, making it a complete financial ecosystem. PDP token holders will be able to underwrite loans through the Redemption Pool and earn up to 20% annual percentage yield (APY) from the premium that lenders pay to secure loan transactions. PDP token holders can also earn:
The opportunities on Paydax Protocol (PDP) are boundless, which is why smart money, including Ethereum whales, is flocking to the PDP token presale. These whales are looking to buy the PDP token presale at its low entry price of $0.015, just before its price increases to $0.017 in the next presale stage. Those yet to purchase their tokens can still do so and even use the promo code ‘PD25BONUS’ to get 25% bonus tokens.
Join the Paydax Protocol (PDP) presale and community:
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