Tokenomics

stablecoins

Stablecoins are pegged to a fiat currency (1 USDC = 1 USD)

Stablecredits should be another way to have a app-native token (onchain) that is pegged to a fiat value (100 credits = 1 USD)

Warps are a version of this but not onchain. Is there something like stablecredits that does exist onchain?

It looks like brale.xyz is a potential solution...something similar for issuing only pegged app tokens could be really interesting

I need this dig into this properly to better understand app token models https://a16zcrypto.com/posts/article/application-tokens-economic-model-cash-flows/

Big thank you to @phil for sharing the article and @so for bringing Brale to my attention - follow them both if you don't already

Building /bright-moments - minting onchain art IRL | /purple #15 | FID 129 #magikarp

building @so many products • prev. @everyname (acq) @nethermind @proximacapital @consensysacad • thomphreys.com

@bpmilne is founder & CEO of Brale & might be up for a conversation.

Believer, husband, dad, optimist // Possibilities into opportunities // Design & strategy // Expert dabbler // tylerhilker.com

Thanks for tagging. @vinayvasanji.eth we spend all day everyday on this. Happy to help. We've found folks deploying app specific stablecoins that just have liquidity to make them usable outside the app if they want. When in-app - stablecoin generates income for the app which could be distributed however app dev wants.