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The Defiant - DeFi Podcast
Curves Stablecoin: A Novel Mechanism to Minimize Governance
I think we'll see more streamlined DeFi protocols in the future that are just like made to work on the thing that they're made to do. And without, you know, layering risk of governance of oracles on top of these protocols is kind of his prediction or what he's seeing will emerge. So I definitely see his point. curve launched its stablecoin and it has a real kind of novel mechanism for keeping collateral and keeping the peg. It's called LAMA liquidations. There's been 4.7 million of the CRV USC minted in its first month That puts it in the 42nd place in terms of size.
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