Stablecoins Past, Present, and Future w/ Robert Sams & Sam Kazemian - Flywheel EP #3
Flywheel DeFi
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The Common Criticism of Facks
The peg obviously speaks for itself and now there's a lot of Lindy effect around the fact that everyone's seen like okay this thing you know has been battle tested. I think one of the more common critiques which isn't unique to fracks but is indeed a criticism of even dye and other stablecoins is that are all stablecoins just baskets of other stable coins predominantly. It would be really nice if you could decouple those like it'd be if you could have like the collateral that's backing the stablecoin be something like either only or an endogenous collateral with no central decision-making power in any way. The system grow and supply outside of the protocol like you see in lending
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