throwaway888666 11 hours ago Anyone interested in a precious metal backed stable coin plus yield?If yes, what can you bring to the table? snypher 10 hours ago >backed>stable>yieldYou probably need to rethink this. Where would the yield come from? Who stores the gold? Where's the trust?Ok, we buy $1m in gold and issue the coins. Gold price tanks, what to do? wmf 10 hours ago The price of the backing asset doesn't matter. 1 oz = 1 oz.
snypher 10 hours ago >backed>stable>yieldYou probably need to rethink this. Where would the yield come from? Who stores the gold? Where's the trust?Ok, we buy $1m in gold and issue the coins. Gold price tanks, what to do? wmf 10 hours ago The price of the backing asset doesn't matter. 1 oz = 1 oz.
Anyone interested in a precious metal backed stable coin plus yield?
If yes, what can you bring to the table?
>backed
>stable
>yield
You probably need to rethink this. Where would the yield come from? Who stores the gold? Where's the trust?
Ok, we buy $1m in gold and issue the coins. Gold price tanks, what to do?
The price of the backing asset doesn't matter. 1 oz = 1 oz.
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