Intent Assets to reduce the gap between holding and using
Intent Assets to reduce the gap between holding and using Profitable assets are useful to hold, but they are often inconvenient to actually use. This is because you have to wait for unstaking, convert to another asset, and then move to the required chain. The state of earning profit and the state of free use are separated. Intent Assets such as intentUSD, intentETH, and intentBTC are an attempt to close this gap. The structure is such that while you are holding it, you pursue profit through the underlying profitable asset, and when you want to use it, the settlement and conversion process is…
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