A simple CDP protocol on HIVE would be cool to start and if it just used say HBD/HIVE for the collateral to borrow DEC would be a more realistic first step in that direction. Would be interesting for the DAO to do this at some point if it gets into the financial position to do so. It could reap the benefits of the fees from the protocol and interest and create another revenue stream for the dao. If the dao made it so it applies to all of hive then we could also get more users not in spl using it on hive to borrow dec and eventually other assets against there HBD or sHBD as i believe vsc is developing a liquid staked version of HBD but not entirely certain but they are doing some cool things we may be able to utilize for SPL and HIVE to add some cool protocols to attract more users of hive and spl.
Also a lending protocol like AAVE style would be cool on hive and be very useful to borrow and lend both hive and spl assets and would give people a way to hedge there holdings as well like borrow dec or hbd against sps if you think sps will decline and vice versa if you think it will go up. Lending could be incentivized by using some of the sps allocated to liquidity and re portioning it to incentivize the use of the lending platform for a time and offer rewards in sps on top of the lending and borrowing rates. Also could have instead of SPS potentially a points system that you accrue and after so many points you get dropped a random card from a rewards pool of cards that are supplied by the dao and bought up off the market.
Would also be interesting to have sps/xxx pairs and dec/xxx pairs set up so they can be moved to a protocol that allows the lending against v3 nfts so you could borrow against potentially your say dec-usdc position earn the fees as it only earns fees plus earn what ever staking rate or borrow funds against it to use them for what ever purpose and still collect your fees inside the V3 nft as it does not need to be staked. Would be a interesting way to add a new defi option for people to use if we could work something out like that with a protocol and make it seamless.
At some point a perp dex for spl assets if we ever get big enough would be really cool so people could short sps and long it on the perp exchange and play the carry trade like shorting sps and holding long in a liquid staked sps position on the dex as collateral so it will just earn the funding rate if its longs pay the shorts or vice versa you could hold sps and leverage long if the funding rate was shorts pay the longs like Arbitrum was on HMX lately paying 40% to longs so i converted my position to the perps and am getting 30-40% to hold arb long right now.
Obviously none of these things could be built by the DAO as it is now but if we turn it around and have a war chest at are command eventually some of these types of ideas may be a reality for the DAO to take on and make money from giving it additional cash flow sources and offering something pretty cool to players that would likely not be present in many gaming ecosystems.
