🥷📲 if a neutral, borderless, Stablecoin is the killer crypto app, next steps: robust oracle, anti-fragile to TVL increase, anti-fragile to volatility increase. Bonus: Increased TVL has anti-fragile effect on L1. Let’s build it together.

ultrasound.money team 🦇🔊. You lose, I lose. I win, you win. 🧘

RAI is those things, and it turns out to be expensive. Its slow depreciation measures the market price for all that eth price risk.

DAI/USDC get around it by being custodial. Always $1, but even that is expensive—a money market fund pays 4.5% while USDC pays 0%