Ariah Klages-Mundt & Lewis Gudgeon: Gyroscope – The All-Weather Stablecoin
Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies
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Is Conditional Cash Flows Coming From?
There's a number of places that cash flows couldn't come from in the future. And we're saying, by default, they should go to be an extra buffer to the reserve portfolio. At some point you could have a i guess, a fee switch where part of the the fee revenue from from the sams might, mi might go back into the system and incentivise governmants. So it's really about like expectations of a future cash flows, a conditional on the system remaining healthy - which then sets up this incentive dynamic.
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