DAOs owning physical infrastructure through self-repaying AKT loans
Comdex Mainnet Launch Party | Panel-1 | The rise of DeFi in the Cosmos Ecosystem (Comdex)
“I actually got a brilliant idea after listening here… you can create DAOs that will own infrastructure, that purchase infrastructure — actual hardware — using, let’s say you have AKT and you collateralize AKT in a self-paying loan using AKT. So you essentially get free infrastructure that [the DAO] now can own and will be paid off eventually, because [it’s] a loan, and then you’re just making profit running infrastructure.” — 00:17:46
Context: Improvised on-stage after Tushar Aggarwal described liquid-staking self-repaying loans; an early sketch of DeFi-financed physical compute (DePIN financialization).