I like the end-user approach. For this to work out nice it needs to be hardcore finance since everything is built around it.

Massive liquidity is needed, I would say min $1M in a Hive/ HBD pool + some in a BTC Pool. Since the price is low, it could compound fast with traction.

Something like that would be a good foundation; maybe DAO can add a large part of it ( like protocol-owned liquidity.

Some off topic, what about a zk liquid hive version on magi? That would be kind of cool.