In a fresh development, the 21Shares proposed spot Dogecoin ETF has now appeared on the DTCC website under the ticker TDOG. A DTCC listing is typically part of the technical preparations required before a product can launch. The U.S. SEC is still reviewing the 21Shares Dogecoin ETF application, with no approval yet.
This move by 21Shares could significantly boost the approval odds for the Dogecoin ETF, as experts suggest it could expedite the review process. If approved, 21Shares would be the second institution to launch the product, following REX-Osprey’s Dogecoin ETF (DOJE) debut last week.
While 21Shares’ Dogecoin ETF ambitions capture headlines, analysts argue that the bigger opportunity lies in innovations like Paydax Protocol (PDP), a new project positioning itself as the people’s first DeFi bank.
Why Paydax Protocol (PDP) is Positioned to Surpass 21Shares Dogecoin ETF Hype This Cycle
Amid the 21Shares Dogecoin ETF DTCC listing, the crypto space is witnessing the rise of a new protocol designed to fix DeFi banking’s biggest gaps. Usually, banks profit while depositors wait. Savings accounts barely return 1%, yet the same money is lent out at 10 times the margin.
Even crypto’s early promise of freedom has been hindered by the collapse of centralized lenders. It’s no wonder that everyday investors are tired of financial systems designed to take more than they give.
Paydax Protocol (PDP) was explicitly designed to address this issue. The platform is a people-powered DeFi bank that turns crypto and real-world assets into productive capital, all on-chain, transparent, and community-driven.
Paydax Protocol (PDP): The Unique Framework Outshining Other DeFi Platforms
Paydax Protocol (PDP) is different from the regular DeFi platforms. It enables anyone to borrow against assets without selling them, while lenders and stakers earn sustainable returns in a system designed to be resilient and stable. For instance;
- Crypto Collateral: A Bitcoin holder with $1,000 can unlock up to $970 in stablecoins without selling or unstaking.
- Real-World Assets: Collectibles, gold, and even real estate can be tokenized, authenticated by Sotheby’s, and secured by Brinks to serve as collateral.
This is essentially a DeFi banking system designed to meet real-world needs. The “People’s Bank” provides instant access to liquidity without the need for intermediaries. Furthermore, Assure conducted a smart contract audit of its platform, deeming it safe and secure.
Paydax Protocol (PDP) Offers Stability: Fixed APYs with Real-World Backing
The Paydax Protocol (PDP) differentiates itself from traditional standards by offering stable fixed APRs between 5% and 7%. This contrasts with the variable rates observed on platforms like Aave or Compound. One day, you might borrow at 3%, while the next day you could find yourself paying 18%. This instability could be overbearing for investors.
Additionally, through its peer-to-peer lending model, lenders have the potential to achieve returns of up to 15.2% APY. This significantly surpasses the less than 1% interest rates that traditional banks usually offer, transforming the experience for Web3 users.
Why Locking in a Fixed Rate Has Never Been More Important
As institutional capital continues to flow into crypto, strategies like 21Shares’ Dogecoin ETF become increasingly predictable. Pension funds, insurance companies, and family offices aren’t chasing meme coins. Many top investors want structured, reliable products. Paydax Protocol (PDP) delivers precisely that.
At the same time, retail investors are assured of stability in loan rates. No more waking up to double-digit spikes in your borrowing rate. No more calculating liquidation risk in the middle of the night. Fixed means freedom.
Join The Paydax Protocol (PDP) Presale Today and Enjoy an 80% Bonus on Every Purchase
Paydax Protocol (PDP) aims to follow a similar path to Sui, Aptos, and other projects that proved how profitable presales can be. However, this project has a higher growth potential thanks to its impressive functionality.
Notably, the project has launched an impressive 80% discount on every purchase of PDP tokens in its presale. Investors are advised to seize this opportunity using the code PD80BONUS before the chance closes. Join the Paydax Protocol (PDP) presale today and position yourself for potential significant returns on investment.
Be Part Of The Next Crypto Opportunity:
Website: https://pdprotocol.com/
Telegram: https://t.me/PaydaxCommunity
X (Twitter): https://x.com/Paydaxofficial
Whitepaper: https://paydax.gitbook.io/paydax-whitepaper
Disclaimer: This is a paid post and should not be treated as news/advice. LiveBitcoinNews is not responsible for any loss or damage resulting from the content, products, or services referenced in this press release.
