Ethereum for money.
Stative will be to stablecoins, what Ethereum is to crypto assets.
Endless possibilities with smart contract functionality, topped with stability and the convenience of multiple native tokens.
@VitalikButerin "DAO-governed RWA-backed stablecoins, if they can be made to work well, could be a happy medium"
while @stative_network keeps the idea of a single-peg to RWA on NST-level, it is adding the concept of a multi-peg and a dynamic floor-price and being DAO-governed.
If you are intersted in learning how we came up with the vision of building a base layer for a web3-native monetary system check our first blog post: https://t.co/rnolovAKYT
5/ Much rather the Stative Network and its DAO will be designed as a fully decentral base layer for a web3-native, trustless monetary system **on top** of existing stablecoins.
4/ The Stative NSTs or the network as a whole are not supposed to compete or even replace any of the existing stablecoins, but to be a convenience and security layer to enable the best UX for exchange of value / payments and store of value in web3.