Shared this in the Discord and was encouraged to repost in here for official discussion.
When the world migrates to Ethereum 2.0, ETH is going to transform as an asset. Not only will it be a store of value (hopefully deflationary after EIP-1559) and a commodity (to run the EVM), but it will become a capital asset because it can generate yield as a staked asset. As long as the Ethereum platform continues to run, this provides a low risk way to earn with ETH.
When I think about the possibilities with Alchemix, it comes down to the question of where can we get the most reliable yield to pay off the loans? Aside from slashing risk or the risk of Ethereum shutting down completely, I can't really think of a way this wouldn't be reliable in perpetuity. I think this would be attractive for a user because it provides them a very low risk way to both earn interest on their ETH while getting a loan against it.
Interested to see what direction we could take this.
