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We are witnessing the birth of new stablecoins from Defi's blue chip projects (@CurveFinance, @AaveAave, and others).
Who will gain a competitive advantage by issuing the first natively - secure - crosschain stablecoin?
#xmoneylego
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We are witnessing the birth of new stablecoins from Defi's blue chip projects (@CurveFinance, @AaveAave, and others).
Who will gain a competitive advantage by issuing the first natively - secure - crosschain stablecoin?
#xmoneylego
1/
First: the design.
Learning from recent experiences, we can expect these stablecoins to probably stick to an over collateralized model to be able to maintain the peg.
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Learning from recent experiences, we can expect these stablecoins to probably stick to an over collateralized model to be able to maintain the peg.
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A basked of assets already used in those platforms will form the collateral to be able to mint the new stablecoin
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