E114: Stablecoins, Bitcoin and Building Protocols on Stacks - Philip De Smedt | Arkadiko
Built on Bitcoin with Jacob Brown
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The Pros and Cons of Building a Stablecoin Protocol
Stax was the first one that was kind of pushing this like open membership model, although you had to hold Stax. So in one sense, our cadet is a way for you to borrow money against your own crypto in the form of a stablecoin. For instance, our goody go today, there's about 40 smart contracts that have were altogether with liquidation and margin positions. And I think by the way, we should keepiest as simple as possible.
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