What would it take for a token to call itself the “Web 3 Dollar,” aka $USD3?

Asset backing from only the most reputable protocols and blue-chip stables?

Safe yield @ 10% APY? Overcollateralization?

USD3 checks all these boxes. Full thread on 𝕏 ↓

What would it take for a token to call itself the “Web 3 Dollar,” aka $USD3?

Asset backing from only the most reputable protocols and blue-chip stables?

Safe yield @ 10% APY? Overcollateralization?

USD3 checks all these boxes. Full thread on 𝕏 ↓ https://twitter.com/reserveprotocol/status/1784947363188277443

The Reserve protocol is a permissionless platform to launch and govern 1:1 asset-backed currencies. https://linktr.ee/reserveprotocol

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It was created permissionlessly by a community member, like all RTokens :)