Comment of the Month: November 2022

[GloriaOkoba]

I am nominating this comment because of it’s breakdown on stable-coins,highlighting the weakness,strengths, restrictions and a concluding solution to the system’s weaknesses.

Research Summary: Decentralized Governance of Stablecoins with Closed Form Valuation

@windr I must commend you for such masterpiece you have here, a good read. I went further to make few contributions; Participating in the stablecoin system demands that the interest rates paid by the system to users be higher than the interest rates levied by the system to users in order for there to be a mutually profitable equilibrium. A range of policies, such as establishing minimum interest rates, regulating interest rates, or providing subsidies, can help to ensure this. Interest rate pol…