Wrapping and unwrapping will be an organic process. So in effect this will inject a form of dollar cost averaging into the amount held as collateral.
But highly trustworthy wrappers will also develo...
I don't follow what you mean about the DCA side. Does the wrapper need to keep 2x HBD at all times or just at time of wrap?
Falling back to just trusting means that a lot of people are going to get rekted by the untrustworthy lot. With enough time, and valued stored, even the trustworthy might faulter.
Falling back to just trusting means that a lot of people are going to get rekted by the untrustworthy lot. With enough time, and valued stored, even the trustworthy might faulter.
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