crypto

$USDaf (I know, not a great name) is a stablecoin backed by $SPOT, the innovative the low-volatility flatcoin which is itself actually a derivative of $AMPL

This confusing sounding Russian nesting doll of a token, is actually, perhaps, the most innovative token since $SPOT itself. 

A stable token backed by a low-volatility derivative backed by a relatively-low-volatility elastic supply flatcoin. If it works as designed, it’s a completely decentralized and permissionless, low-risk-of-liquidation, inflation resistant, money.

$USDaf (I know, not a great name) is a stablecoin backed by $SPOT, the innovative the low-volatility flatcoin which is itself actually a derivative of $AMPL

This confusing sounding Russian nesting doll of a token, is actually, perhaps, the most innovative token since $SPOT itself. 

A stable token backed by a low-volatility derivative backed by a relatively-low-volatility elastic supply flatcoin. If it works as designed, it’s a completely decentralized and permissionless, low-risk-of-liquidation, inflation resistant, money.
https://x.com/spotprotocol/status/1844792757002584120?s=46

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many people see crypto as a hedge against traditional banking systems.