I just want stocks onchain with as good liquidity as I'd have if I were using Interactive Brokers. Both for spot and perps. And with the security that this won't just magically disappear like Mirror Protocol did. I think we are getting close, excited for what 2026 will bring for this sector.
For example I checked out @OndoFinance SP500 ticker SPYon which has a mcap of 25m.
Let's say I mint SPYon for $5m. I now own 16% of the total share of SPYon. My biggest concern is if I am always backed 1:1? Or if there are liquidity issues?
Not only my concern, but it is what preventing us from massive adoption I think.
The screenshare shows 1:1 conversion, but I am just curious if it works like this in practice too with higher amounts.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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