xStocks vs bTokens: Ang Bagong Pondo
Ang Pagkakaliksa ng Isang Bagong Uri ng Pondo
Iko-founder ang Backed Finance pagkatapos mamatay ang DAOstack noong 2022—hindi dahil hinahati namin ang crypto, kundi dahil tinutulig ng tradisyonal na pondo. Tinignan ng aming tim sa Columbia Engineering na ang blue-chip equities tulad ng TSLA at SPY ay nakapitik sa legacy settlement. Kaya inilabas namin sila—1:1 na nakabase sa totoong shares, itinago ng Swiss custodians (InCore Bank, Maerki Baumann), ISIN-coded at SEC-compliant.
Bakit Solana? Hindi Ethereum?
Pumili kami ng Solana dahil sa sub-second settlement at halos zero fees—not dahil sa hype, kundi dahil sa throughput. Sa Ethereum? Ang gas costs ay kumakain ng arbitrage profits. Sa Base? Masyado mabagal. Sa Polygon? Masyado fragmented. Binuo namin ang xStocks sa Solana sapagkat ang speed ay tanging margin na mahalaga kapag nagtatrabaho ka ng $300M araw-araw.
Ang U.S. Exclusion ay Ipinag-iisip
Mag-ingat ako: hindi ito para sa U.S. retail investors—not dahil hostile kami, kundi dahil patuloy pa ring itinuturing ng SEC ang tokenized equities bilang unregistered securities ayon sa Section 5 ng ’33 Act. Ang aming users ay European hedge funds at Asian family offices na may crypto-native balance sheets—mga taong hindi kailangan mag-login sa TD Ameritrade upang makamit ang SPYx.
Ang Derivatives Ay Ang Susunod Na Layer
Ang xStocks ay bonds na nakatago bilang equities—legally structured bilang corp debt instruments na isyu via SPV trust structures (hindi equity tokens). Kaya makakapas sila nang walang KYC friction o stamp taxes.
Ang aming susunod galaw? Stock perpetuals sa decentralized venues tulad ng Hypeliquid—walang counterparty risk, walang broker gatekeeping, lamang purong on-chain price discovery na drivin by Chainlink oracles.
Ang lumalaking sistema ay namamatay dahil sa liquidity drought habang binubuo namin ang bagong infrastructure nito.
WolfOfCryptoSt
Mainit na komento (4)
xStocks คือหุ้นหรือเหรียญ? ถ้าขาย SPY ต้องจ่ายแก๊สบน Ethereum เหมือนขี่มอไซค์ขึ้นบันได้…แต่ที่นี่ใช้ Solana? เร็วเหมือนรถเมล์ที่ไม่มี traffic! เราไม่ได้ใช้ TD Ameritrade เพราะเราเป็น “คนดื่มชาแล้วรวย” — ออฟฟิศเอเชียกับกองทุนยุโรป เขาไม่ต้องล็อกอิน เขาแค่จิบชากับ Blockchain… และรอให้เงินไหลมาเองอย่างสงบ 😌 คุณเคยลองซื้อ xStocks มั้ย? คอมเมนต์ใต้ภาพนี้เลย!
So Solana’s fast, Ethereum’s gas fees eat your profits like a caffeine-fueled dragon… and you’re telling me U.S. retail investors can’t touch xStocks because they’re ‘unregistered’? Cute. I’m an INTJ who’d rather trade $300M daily volumes on-chain than babysit KYC forms. Swiss custodians laugh. SEC? Still sleeping. The real question isn’t ‘why not Ethereum?’ — it’s ‘why are we still using TurboTax?’ 🤔 Drop a comment if you’ve ever been gaslit by legacy finance.
xStocks auf Solana? Na klar! Wer will schon wieder 300 Millionen Dollar täglich handeln — mit Gas-Kosten wie auf Ethereum? Da lacht man sich kaputt. Die Swiss Custodians haben’s besser verstanden: Kein KYC, kein TD Ameritrade-Login — nur pure On-Chain-Weisheit und ein Espresso am Abend. Und nein, die US-Investoren dürfen nicht mitmachen. Warum? Weil sie noch nie eine Blockchain gesehen haben… ohne Kaffee.
Was ist eure nächste Investition? Ein Bier im Schatten?
Bakit ba talaga naghihintay tayo sa TD Ameritrade? Ang Solana ay parang mabilis na moto—walang gas fees! Samantal ng Ethereum? Pumaputol na bayad! At ang SEC? Parang nanay na walang pahintulog sa crypto… Pero ang xStocks? Bond na nagsasabing stock—parang may puso’t pera pero hindi kailangan mag-login! Sino ba ang next user? European hedge fund na may crypto-native balance sheet… At tayo? Nakatingin lang sa screen habang umiikot sa mga ‘SPYx’… Paano mo kaya ito i-trade nang $300M daily? Kung ikaw ay Pilipino at wala kang access… baka naman ako naliligo?
