Yes to flatcoin that tracks CPI
If we add fixed rate lending to the mix, you have the building blocks of a usable public global financial infrastructure
Increases over the last 2 years...
CPI Medical Care: +3.9%
CPI Apparel: +9.3%
US Wages: +10.5%
CPI Shelter: +13.6%
CPI Used Cars: +14.6%
CPI Food away from home: +16.4%
Actual Rents: +18.5%
CPI Food at home: +18.7%
CPI New Cars: +19.3%
CPI Gas Utilities: +20.2%
CPI Electricity: +20.4%
CPI Transportation: +20.5%
Actual Home Prices: +22.5%
CPI Gasoline: +26.1%
CPI Fuel Oil: +34.7%
📡 We're excited to announce the launch of the MoonRock Finance index tokens — LSETH, CPI, and JPG — on XY Finance, a groundbreaking cross-chain dex and bridge aggregator!
We've created a Link3 page so now you can follow all of our events in one easy space. Hop into our Weekly Community Call and come check out our interviews with leaders in DeFi.
https://t.co/iwv2Psw8hj @link3to
2/ CPI can be permisionlessly minted from collateral (FPI, SPOT, cDAI, cUSDC) at the NAV price on Ethereum, either on TokenSets or directly from the smart contract
https://t.co/fLOHlEgmip
https://t.co/IdR2Tq8US6
@ameensol@balajis If volatility of individual flatcoins is uncorrelated and risks are independent, then diversification across flatcoins is one way to approach CPI-level returns.
Coinbase encouraged developers working on its new blockchain to focus on how to create stablecoins that track the rate of inflation https://t.co/6xDw9bDqUe
💸Base gets CPI. "We are ... particularly interested in ... stablecoins that track the rate of inflation, enabling users to have stability in purchasing power while also having resiliency from the economic uncertainty caused by the legacy financial system. https://t.co/fY7raP0ZwB
🙌 Thank you to the first 4,000 holders of CPI on Arbitrum ... Plus nearly another 1,000 holders on Ethereum mainnet! In the face of rampant government money printing, users are choosing to protect their purchasing power with the CPI token.
🧑🚀For this Wednesday's AMA we're joined by Imran from Kyber. We'll cover Kyber's innovations in concentrated liquidity, their role in the Arbitrum ecosystem, their new integration with Multichain, and their exciting plans for the future. Join us!
Want to learn about the latest in multichain rails? Join us for an AMA with Michael G from @MultichainOrg on Thursday March 23, 1pm UTC.
https://t.co/yPhVIUsv1Y
In light of the ongoing de-pegging of USDC, we have moved the liquidity for CPI to USDT. The new pools are
🦄 CPI:USDT Univ v3 on Ethereum mainnet
https://t.co/aJS4wPRF7s
🇰 CPI:USDT Kyber on Arbitrum
https://t.co/dE9B8Vw4qE