On-chain data shows that Ripple whales have been moving their XRP to exchanges, which indicates a move to sell. This action from the Ripple whales explains why the XRP price has struggled to reclaim the psychological $3 level despite Bitcoin’s rally to a new all-time high (ATH).
Meanwhile, these Ripple whales may be looking to divest their capital from XRP into the Paydax Protocol (PDP) token presale, which is currently selling at $0.015. These Ripple whales have realized that the PDP token presents a better investment opportunity than XRP, which has limited upside.
The ROI Potential From The PDP Token
As a newer coin, the Paydax Protocol (PDP) token boasts a better upside than coins like XRP, which is what is attracting the Ripple whales. These Ripple whales have seen how DeFi coins like Aster rallied over 2,000% in just a week and may now view the PDP token as having a similar or even better potential, considering the offerings in the Paydax ecosystem.
Uniting Crypto And RWA In One Place
Paydax Protocol (PDP) is building the first fully on-chain financial system, which unites crypto and real‑world assets (RWAs) in one place through its peer‑to‑peer (P2P) lending feature. On Paydax, Ripple whales will be able to borrow using the following assets as collateral:
- •Blue‑chip cryptocurrencies such as XRP, BTC, and ETH.
- •Tokenized RWAs such as gold, real estate, and watches.
- •Staked tokens
- •Governance tokens
- •LP Tokens
- •Yield‑bearing tokens
- •Stablecoins
Unlocking Liquidity With Illiquid Assets
Paydax Protocol (PDP) makes it very straightforward to unlock liquidity even with illiquid assets such as these RWAs. The platform collaborates with trusted custody partners to ensure a smooth and efficient tokenization process. Sotheby’s is responsible for valuing these RWAs. Brinks assists with custody during the loan transaction, while they are then tokenized on Paydax to serve as collateral.
Paydax uses a simple vault system, which makes it easy to access these loans. Borrowers like the Ripple whales simply have to:
- •Deposit their collateral in the vault system
- •Unlock capital in the form of stablecoins or crypto assets like BTC, ETH, and XRP
- •Maintain a Health Factor above 1.0 to avoid liquidation
- •They can also access lower borrowing rates by holding the PDP token
Meanwhile, it is worth mentioning that loans on the Paydax platform:
- •Have a loan‑to‑value (LTV) ratio of up to 97%
- •Are overcollateralized
- •Have fixed interest rates of between 5% and 7% annually
- •Have a transparent fee structure
- •They are conducted using immutable smart contracts, which have been verified by Assure DeFi, eliminating the need for middlemen.
- •Insured by the Redemption pool, which pays lenders in the event of default
Capital Efficiency At Its Best
Thanks to the Paydax Protocol’s (PDP) offering, investors, such as Ripple whales, can now unlock as much liquidity as they want, without having to sell their long‑term investments. With an LTV ratio of 97%, this means that a crypto holder with a $1 million portfolio can access up to $970,000 in fresh capital.
While other platforms require investors to sell their assets just to access fresh capital, Paydax offers broad collateral support, ensuring that these investors can access as much liquidity as they need, even with their illiquid assets. This offering extends beyond cryptocurrency, as farmers in Africa, Asia, or South America can now access loans to expand their businesses without selling their assets.
Putting One’s Assets to Work
Beyond lending and borrowing, Paydax Protocol (PDP) has earned its reputation as the people’s DeFi bank because it provides an opportunity for market participants to put their idle assets to work. These market participants can earn an annual percentage yield (APY) of:
- •6% on protocol staking and staking in DeFi vaults
- •15.2% on P2P lending
- •20% by staking in the Redemption pool
- •41.25% through leveraged yield farming
This also explains why the Ripple whales may be dumping their XRP tokens for the PDP token, seeing as they can get access to such competitive yields right from now while also purchasing the token at a low entry price of $0.015, given its ROI potential. The first stage of the presale is almost halfway done, so time is of the essence for other market participants who want to claim bragging rights by being among the first to bet on this global movement. Those who join today can use the promo code ‘PD25BONUS’ to get 25% bonus tokens.