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writing about stablecoins | math + cs + econ @ ███████

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Hello world https://t.co/tdtmwjLAWl

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@defi_moses @UXDProtocol Cool, I’ll give them a look. What is most interesting to you about the economics?

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What’s the most underrated stablecoin right now? Looking to write a new piece

[Algod @AlgodTrading]

@UpOnlyTV unstablekwon

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$LUNA $FRAX $USDC $USDT $DAI $MKR $MIM $FEI

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Quick poll: in your opinion, is $UST collateralized or noncollateralized?

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Did we fade $FRAX for $UST? Is that the play, anon?

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Over 55% of “decentralized” DAI is collateralized by USDC 🤔

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New book rec: Central Banking 101. Central Banking 101. Teaches key concepts to understanding both centralized stables and algostables https://t.co/mqZRnYCwDO

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But what if a competitor (eg Tether) offers a dividend? Is it a race to the bottom on dividends? Curious how this will play out /end

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Fun fact: Circle, the issuer of USDC, only makes $40 mil/yr on USDC… And there’s over $50 billion of USDC 🤔/1

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It will be interesting when the fed starts raising interest rates. That means the assets Circle has locked up become more valuable /2

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@duncanreucassel And the bear case is everyone swaps their UST for other assets causing a massive depegging and ultimate death spiral

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😴

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@sayinshallah Yelp best indicator. The infatuation also good

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@nicdors @terra_money

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@P3N5IVE_CH3PE @0xCha0s @terra_money

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@hug_ser @Cephii1 @stablekwon

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@knowerofmarkets U “know” what to do kek

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@rictusoo

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@CryptoFlipdoe @BigBoyUST