Do Kwon 🌕

@stablekwon ↗

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Last Checked April 3, 2023

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Thu Nov 24 11:38:29 +0000 2022

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Do Kwon 🌕 @stablekwon

@AlgodTrading but that diversifying consumption end points (apps honestly were well built and heavily used) and building large exogenous collateral significantly reduced collateral risk Turned out to be too late, but just thought measured context would be valuable! — PolitiTweet.org

Posted Nov. 24, 2022

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Do Kwon 🌕 @stablekwon

@AlgodTrading It was interesting to me too - until the last few months it was always preferred by institutions I think most funds recognized that UST made a conscious tradeoff for decentralization and scalability over collateralization (all stablecoins pick at most two out of the three) — PolitiTweet.org

Posted Nov. 24, 2022

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Do Kwon 🌕 @stablekwon

@AlgodTrading Theres a lot of evolution that animates ecosystems besides just its genesis white paper ideas / mechanisms Polygon started out as tendermint + evm with a team controlled multisig bridge PSM (core to dai stability) was added 3yrs after maker launch Journey > starting point — PolitiTweet.org

Posted Nov. 24, 2022