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kartik 🎩
@sathaxe
how do I launch a degen dollar on reserve? 90% stable basket 10% degen and then how do we get it on the L3? 👀 (Or even just get hyUSD on the l3, happy to facilitate)
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Taylor Brent
@tbrent
not hard, someone just needs to create a collateral plugin, something like this: https://github.com/reserve-protocol/protocol/blob/3.4.0/contracts/plugins/assets/frax-eth/SFraxEthCollateral.sol only tricky part is USD price. Would need do read out DEGEN price using an AMM TWAP and then convert to USD
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Taylor Brent
@tbrent
or equivalently: get a chainlink-interface-adhering feed deployed
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Taylor Brent
@tbrent
that’s it though! if you had the address of a $degen plugin you could deploy this RToken today
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