@dawggy
Edel Finance $EDEL is perfectly positioned to take over the stock lending market
Think AAVE, but on BASE, for STOCKS
The concept of what EDEL is trying to solve is building a fairer financial market
Where the stocks that you are holding long-term are earning yield for you, rather than brokers.
Currently, if you own shares in a stock it sits idle in your brokerage account.
Therefore in exchange for "0% brokerage fees", they lend out your stock in exchange for a fee
The borrower of your stock is then able to use this stock to execute a short sell / meet delivery obligations in settlements / manage dividend events etc
You as the holder of this stock may get a small share / none of this revenue, whereas brokers, fintechs and banks generate $10s of billions in annualized revenue from this.
Edel changes this, by allowing you to earn yield + spend it via lending or an Edel card
Huge partnerships
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