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Flat Money
@flatmoney
We've posted the first in a series that highlights the philosophy, purpose, and function behind the Flat Money protocol. In The ETH Standard, we present a path toward scalable, decentralized onchain money 👇 https://flat-money.ghost.io/the-eth-standard-a-path-toward-scalable-decentralized-onchain-money/
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Flat Money
@flatmoney
Liquity and Reflexer have led the way, but we need more forms of decentralized money. After all, 96% of the stablecoin market cap consists of stablecoins backed completely or partially by offchain collateral. TradFi risks are everywhere in DeFi. This should be the exception and not the rule.
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Flat Money
@flatmoney
@vitalik.eth was right when he issued a call for more protocol teams to return to cypherpunk ideals. In The ETH Standard, we outline a path for protocols to create more forms of decentralized money that are censorship resistant, unstoppable & backed by staked ETH + pure ETH.
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