> A smart contract can currently take your tokenized USD (we'll use USDC since its backed by Coinbase), use that as collateral to borrow ETH on AAVE.com (a lend

> A smart contract can currently take your tokenized USD (we'll use USDC since its backed by Coinbase), use that as collateral to borrow ETH on AAVE.com (a lending protocol), use 50% of that ETH to buy up USDC again, use this USDC + ETH to create a liquidity pair on Uniswap, and earning 0.3% fees on any swaps made between USDC and ETH. And... What does this accomplish, exactly? Besides "get rich, quick, in virtual money that, for now, some folks will convert to real money, maybe"