In general, the intrinsic value of an investment is the sum of all discounted future cash flows.


Good to remember when evaluating what assets to lend your stablecoins against. If you know - because they told you - there are no cash flows attached to a token, there is only extrinsic (speculative) value securing those loans. That doesn’t make it impossible as collateral, but it means you’d better monitor secondary liquidity and not just the last traded price.
Cave faenerator! (Lender beware)
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