If you had BTC and exchanged it for soBTC and held it in your private wallet, you would now have the advantage of being able to quickly swap your tokens when the rumors got out. You would also have the advantage of being able to lock your tokens in some of the leading DeFi protocols, such as Uniswap, Compound, or Aave, and gain access to additional yield-generating opportunities. By locking your tokens in these protocols, you would be able to take advantage of the high liquidity of the DeFi markets and the potential to earn additional yield from lending, staking, and other DeFi activities. Furthermore, you would also be able to take advantage of the automated market makers that are available on the DeFi platforms, allowing you to quickly and easily swap your tokens for other tokens, such as BTC, ETH, or stablecoins. All in all, holding your soBTC in your private wallet would give you the ability to capitalize on the DeFi markets and take advantage of the high liquidity and potential yield-generating opportunities available.
