1/ Most people don’t realize brokers been making BILLIONS by lending the stocks you think you own… and you don’t see a cent of it.
The rich keep getting rich, but $EDEL is changing this by putting the entire process onchain and giving $$ to the actual asset owners 🧵
2/ This lending system has been running for decades, making over $10B+ annually behind your back and you never agreed on it. They use your shares as their personal money printer.
$EDEL is bringing the entire $2.5T global securities market onchain, and I expect a huge amount of TVL to flow in.
3/ Aside from becoming the AAVE of stocks, they’re planning to launch a 24/7 Stock Super App, already on their roadmap 👑
It’ll be similar to Robinhood but self-custodial, meaning you truly own your assets and they can’t be lent out behind your back.
4/ In addition the Edel Card will be launched. It lets you spend the yield your portfolio generates or keep full exposure by taking loans.
In other words you can spend without even selling.
5/ The team includes people from: State Street, JP Morgan, Airbnb, and Beyond. Co-founder @james_sherborne is a former equity analyst, which already shows how experienced this team is.
The person in charge of the branding is 10/10 👑
6/ It’s a low-float token with a small circulating supply, which keeps the real marketcap lower (More growth potential)
The vesting cliffs on the team tokens also indicate that the team is committed to a longterm vision.
7/ After reaching a large retail user base, they will shift their focus to institutional scale and are already in discussions with major industry players 👑
The third phase in their roadmap consists of:
- Their own layer 1 chain 👀
- A single liquidity layer for all tokenized stocks
- Compliance infrastructure
8/ The future of finance is transparent, onchain and owned by the users not hidden behind brokers and legacy systems.
$EDEL is rebuilding an outdated industry from the ground up
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