Global, neutral infrastructure requires a decentralized stablecoin at its core. @SkyEcosystem's USDS is uniquely positioned being still primarily collateralized by onchain ETH/LST CDPs. The subDAO system (ex. @sparkdotfi) will soon solve decentralized governance.
Joseph Lubin
Joseph Lubin13.8. klo 02.52
The stable end game for stablecoins will be systems like Maker/Sky with overcollateralized CDPs. These systems will have broad token ownership and permissionless usage. But we need a huge amount more decentralized economic bandwidth in the form of ETH and BTC at much much higher prices. We are working on the latter. Then we will work on the former.
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