Regen

@jas now talking about @glodollar

how the duoply of stablecoins (USDT and USDC) is harmful for the ecosystem and how they are coming up with a solution that funds public goods with the value that these 2 parties are capturing

The stablecoin that funds public goods.

Hosting /glodollar, /stablecoins. Also posting in /regen, /publicgoods, /philanthropy.


🌐 www.glodollar.org

these are the challenges when we want to encourage stablecoin diversity

how to solve:
1. most are copies of USDT/USDC, so use competitors with USPs (e.g. @glodollar or @opendollar)
2. diversify gradually, no need to go all in into a alt-stablecoin at once!
3. support preemptively and LP charitably (be a shroomchad)

Borrow against Liquid Staking Tokens & Arbitrum native assets with our flexible and transparently over-collateralized stablecoin and Non-Fungible Vaults.

regenerative gambler @lottopgf by /ottodao | playing /lotto and uniting /degensxregens | Member @safary 🦁