On The Brink with Castle Island cover image

Weekly Roundup 08/12/22 (Tornado Cash OFAC'd, Dai reconsiders USDC, Merge scheduled) (EP.339)

On The Brink with Castle Island

CHAPTER

The Problem With Multi Collateral Dye, Is It a Good Idea?

There's some a rumblings to day, as we're taping this, that makers lk, there's some proposals being floated to effectively get off of a us d c backing. Ye. I always actually thought that removing single collateral dye, which just used to be called die, was the die backed by ether and even then real world assets, was a mistake. But maybe that's the direction some of the community wants to go.

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