There are two ways to make money on an asset. If you are in traditional finance world, You've only ever had access to one. When you buy a stock, your whole plan is: it goes up, you sell, you profit. That's it. In between buying and selling, while you holding your shares just sit there. Dead weight. Waiting.
Meanwhile, the big institution on the other side of that trade is making money the whole time you just sit and hold. Every time someone buys or sells that same stock, there's a market maker in the middle, taking a small fee on the trade. And here's the part that stings: they get paid whether the price goes up, down, or sideways. You only get paid if it goes up. Same stock. Two completely different deals. You just never got offered the good one.
It's not a conspiracy. Market making used to need serious money, fancy tech, and a team of people glued to screens all day. A normal person holding a few shares was never going to do that. So the fees went to whoever could.
Blockchain quietly changes the setup. Once an asset is tokenized and increasingly everything is, stocks included your Tesla or Nvidia or whatever you hold stops being a dead number in a brokerage account. It becomes an asset that can work. While you hold it, it can stand in the market and earn fees on every trade that passes through. The passive side of the business that was always reserved for institutions becomes something an ordinary holder can actually do.
There's a reason nobody's handed you this yet, though. Two of them. First, the tooling. Doing this properly means quoting ranges, managing inventory, rebalancing, reading regimes complexity no normal person should have to learn or babysit. Nobody expects you to become a quant to earn yield on stock you already own.
Second, and this is the real wall: impermanent loss. The moment you put your asset to work making markets, volatility starts eating the underlying. Price runs, you get pushed out of the winner, and you end up holding less than if you'd just sat still. It's the thing that has quietly broken every attempt to open market making up to normal people. The fees look great right up until IL takes them back, and your stack with them.
That second problem is the one the whole industry has failed to crack. It's also the one we built
@Balcore_AI around. We found a novel way to tackle impermanent loss, so putting your asset to work stops meaning slowly feeding it to volatility.
That's the whole idea. You hold your asset exactly like you always have. The difference is that instead of sitting idle until the day you sell, it earns fees the entire time you're holding it , the same income institutions have quietly collected for decades. You don't sell it. You don't hand it over to anyone. You don't have to become a trader or a quant. You just keep holding, and it pays you while you do. Holding used to mean waiting. Balcore turns it into earning. There is no escape🔺