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.