Fixing temporary demand issues is one use case, but not necessarily a complete list of use cases.
Lending is a business, which needs to be explored. Basically it's possible. NuSafe is a good example for that.
NuSafe is being used differently from lending, but the same approach could be used for lending:
- agree on an interest rate
- request a collateral
- send NBT
Selling BTC for NBT is remarkably close to the lending concept (Nu lends NBT to people who deposit BTC as collateral)!
Parking supports liquidity provision at a cost just as we support liquidity provision by offering compensation.
Users who buy NBT to park them, fill the T4 reserves.
Users who already own NBT and park them, reduce the sell side pressure or increase the buy side pressure - depending on the angle from which you are looking at it. In the end it leads to a plus for the T4 reserves.
If we are able to benefit the liquidity scheme by offering a park rate, which is below the compensation for liquidity provision, it might be worth a second look.
There's a lot of costs for the network and all of them should be justified.
Peg maintenance is as necessary as marketing and advertising Nu is.
What good is a peg if nobody is aware of it?
I'm a strong proponent of executing NSR sale instead of offering high park rates.
I see some use of moderate, continuous park rates, though.
The advertizing effect and the positive effect on the liquidity balance are worth a test to find out how many NBT you get parked depending on what interest you offer.
2% APR is peanuts compared to over 7% monthly (which equals 125% APR if you include compound interest!).
I wouldn't hesitate to try bigger values for park rates.