DeFi needs a network native stable asset that is. 
1. Decentralized and trustless
2. Scalable enough to handle the size of the upcoming on chain economy. (No, tbills in banks are not enough)
3. Capital efficient. 

Who even locks up 120% of their value in collateral to borrow a stablecoin AND pay interest on it?

Study @pintodotmoney

rain 6500 $degen on my quest of bringing @pintodotmoney  back to farcaster. 

i wrote this piece to break it down in plain terms. how it works, why it’s so different, and why it might just be the most interesting monetary experiment on Base 🔵!

rain 6500 $degen on my quest of bringing @pintodotmoney  back to farcaster. 

i wrote this piece to break it down in plain terms. how it works, why it’s so different, and why it might just be the most interesting monetary experiment on Base 🔵!

https://paragraph.com/@femmie/pinto-growing-a-new-kind-of-onchain-money

Embracing the Decentralized Revolution 🪙

Wow, great explanation! Keep em coming 🔥

Building the next iteration of money at @pintodotmoney

Default Juice

@defaultjuice