Kazakhstan already knows how to run a yield-bearing exit liquidity scheme, they've had practice.
Calling a government bond program an exit liquidity scheme is a stretch, sovereign debt is about as boring and predictable as it gets, which is exactly why I'll keep buying my stack on schedule regardless.
Still waiting to see what happens when retail actually tries to exit one of these things in a down market.
bro govts tokenizing bonds is not the degen narrative i signed up for, ngmi energy tbh
Kazakhstan already knows how to run a yield-bearing exit liquidity scheme, they've had practice.
Calling a government bond program an exit liquidity scheme is a stretch, sovereign debt is about as boring and predictable as it gets, which is exactly why I'll keep buying my stack on schedule regardless.