$1k EOS just needs ProFi to be fully compliant and used by the American financial sector. Could hit $1k in six months if ProFi is SEC/CFTC/IRS approved for custody/trading/staking and B1 has partnerships with a few major banks/payment processors/exchanges
1. Stake your BTC to the wrapping pool. You get paid a portion of tx fees folks pay to use the wBTC on EOS. This will make BTC as fast and as easy to use a credit or debit card (ie. finality in a few seconds). This will also allow institutions hodling btc as part of their treasury to earn income (say 1-5%) with zero counterparty risk (smart contract) and high liquidity (likely to be different rates of return for different staking periods, longer commitment higher income)
2. Stake you EOS to the resource pool. You have to vote and you earn income from BPs that are paying for votes as well as a portion of the tx fees for folks using wBTC. Hopefully you also have variable income depending on staking commitment (longer staking period equals more income)
And B1 has some huge partnerships with companies like Microstrategy or say... 3IQ, Grayscale, Coinbase, Kraken, PayPal etc. to be both liquidity providers and users of the wBTC
EOS will hit $100 in a week and $1000 in six months. The 'capital migration' would be epic. Billions in BTC would flow into the ProFi contract, because why not, and ProFi would instantly become the most liquid BTC pool on the planet
EOS will hit $100 in a week and $1000 in six months. The 'capital migration' would be epic. Billions in BTC would flow into the ProFi contract, because why not, and ProFi would instantly become the most liquid BTC pool on the planet